Economics Homework Help

I’m studying for my Economics class and need an explanation.

1. Jack’s marginal utility of consumption is MU_c = L – 45, and the marginal utility of leisure is MU_L=C-135. Jack does not have any nonlabor income, i.e., V = 0. Jack faces a $32 an hour wage rate. Jack’s total number of hours available per week is 168. What is Jack’s optimal choice of hours of leisure? (calculate to 2 decimal places)

2. Jen’s nonlabor income is V=$50 per week and her total time available in the week is T = 110 hours. Her marginal utility of leisure is MU_L = 42/ L^0.7, and her marginal utility of consumption is MU_c= 3/C^0.8. What is her reservation wage? (please keep 1 decimal point)

3. Based on BLS website, the total number of employed males in the civilian labor force in the U.S. in 2020 is _____ million. (keep one decimal place)