Assume an individual has a utility function of this form U(C, L) = 6 + CxL This utility function implies that the individual's marginal utility of

Assume an individual has a utility function of this form

                                   U(C, L) = 6 + CxL

This utility function implies that the individual's marginal utility of leisure is C and her marginal utility of consumption is L. The individual has an endowment of V in non-labor income and T = 16 hours to either work (h) or use for leisure (L).

Assume the price of each unit of consumption good p = 2 and the wage rate for each hour of work w = 1, and V = 0. What is the optimal amount of consumption and leisure?