Question: You are now asked to consider a world with two people, Amanda and Mark. Mark is a farmer. Amanda owns the land on which Mark

You are now asked to consider a world with two people, Amanda and Mark. Mark is a farmer. Amanda owns the land on which Mark farms and does not produce any output herself. There is only one good in this world, corn.

Use a separate model of decision making under scarcity to show the set of Pareto efficient allocations that result from the introduction of a law that limits Mark's working hours to no more than 15 hours per day. Label all relevant axes, points and curves on your model. (4 marks

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