3. The Closed City's Corn Consumption Level Using your results from above, suppose that income per household equals y=$25,000 per year. Next suppose that the commuting cost parameter t equals $10 per block. This means that a person living ten blocks from the CBD will spend 10*10=$100 per year getting to work. The consumers' utility functions are all U (c, q), where c is the quantity of bread (at $1 per loat) consumed by the household and q is the quantity of housing per household, i.e., 1500 sq. ft. The consumers' budget constraints are all may. Under our Special assumptions this reduces to c+1500p=2500010x. Given that a household at it\" faces a budget constraint, c+1500p*=25000-10x*, what is the value of g x*? Call this c\". Explain why in equilibrium every household, regardless of location, must be consuming c*. Notice that since q is the same throughout the city, to have an equilibrium in which U is the same throughout the city, c must be the same throughout the city and everywhere equal to c*