Question: 1. Consider a household utility U (X p, X0) = X%5X0'5, where X p is parent's home produc- tion and X0 is children's home production.

1. Consider a household utility U (X p, X0) = X%5X0'5,

1. Consider a household utility U (X p, X0) = X%5X0'5, where X p is parent's home produc- tion and X0 is children's home production. Assume the wife spends hm hours at working, and the husband spends hh hours working with hourly wage 11),\

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