Question: thank you for your help 3. Solve problem 2 in Chapter 4 of Williamson's book (page 158). 4. Suppose that the utility function is u(c,)

thank you for your help

thank you for your help 3. Solve problem 2 in Chapter 4

3. Solve problem 2 in Chapter 4 of Williamson's book (page 158). 4. Suppose that the utility function is u(c,) = log[c) E (a) Find the equation of an indifference curve given a level of utility I. b Find the Mar inal Rate of Substitution. ( g (c) Show the optimal consumptionlabor choice using a plot with c in the yaxis and t? in the xaxis. (d) Find the optimal amount of consumption and leisure assuming that h = 1 and =T=

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