Remember Bonnie and Clyde from your workbook? Suppose that their total profits are 112H, where H is the number of hours they work per year.Their utility functions are, respectively, U_B(C_B, H )= C_B - 0.02H ² and U_C(C_C, H )= C_C - 0.02H ², where C_B and C_C are their private goods consumptions and H is the number of hours they work per year.If they find a Pareto optimal choice of hours of work and income distribution, the number of hours they work per year must be A)1,400. B)750. C)1,500. D)650.

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The Answer of Remember Bonnie and Clyde from your workbook? Suppose that their total profits are 112H, where H is the number of hours they work per year.Their utility functions are, respectively, U_B(C_B, H )= C_B - 0.02H ² and U_C(C_C, H )= C_C - 0.02H ², where C_B and C_C are their private goods consumptions and H is the number of hours they work per year.If they find a Pareto optimal choice of hours of work and income distribution, the number of hours they work per year must be A)1,400. B)750. C)1,500. D)650.

Remember Bonnie and Clyde from Your Workbook? Suppose That Their