Image transcription text Question 27 3 points) Suppose parent B's hourly wage rises to $75 The household's budget constraint implies that household consumption and the number of children must satisfy 0 11500 1100N C 6000 600N C 11500 200N O 6000 200N Image transcription text Question 28 (3 points) Assuming the household acts optimally, if it chooses to consume $6000 worth of consumption goods, how many children will it have 3 2 3 3 3 4 3 s 3 6 f3 7 ( TI 8 Question 27 (3 points) Suppose parent B's hourly wage rises to $75 The household's budget constraint implies that household consumption and the number of children must satisfy C 11500 1100N C 6000 600N C 11500 200N C 6000 200N

Question: Image transcription text Question 27 {3 points) Suppose parent B's hourly wage rises to $75. The household's budget constraint implies that household consumption and the

Question 27 (3 points) Suppose parent B's hourly wage rises to $75. The household's budget constraint implies that household consumption and the number of children must satisfy: C = 11500- - 1100N C 6000 600N = C = 11500 200N C=6000 200N -

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