1.Explain why children are often viewed as public goods by two parents.If children are public goods from the household perspective, what implications may yield onthe effcient allocation of investment on children within a marriage?
2. Suppose you are going to a fancy restaurant with your date, there is an implicit agreement that you both jointly enjoys a meal but you are going to split the billevenly (date plan 1). Alternatively, you can go Dutch- not sharing the meal and everybody pays for themselves (date plan 2). Which bill is higher? Under date