1. What would you propose a parent maximizes if you want to analyze what a parent does with respect to their child?

2. Give two examples of actions by parents that you would expect to observe if they do maximize what you stated in (1) above. Explain in short.

3. Give an example of an action by a parent that would be evidence that the parent does not maximize what you stated in (1) above. That may be counterfactual (that is, something you think parents would not do, but if they did, you would doubt their maximization motive). Explain in short.