Budget constraint-services proctoring exams

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Reference no: EM131242571

Chris works at student services proctoring exams. This is Chris’ only source of income. Chris is paid $10 per hour. Chris is allowed to choose how many hours per week she works, as long as it is between 0 and 15.

a) Graph, on a well labeled graph, Chris’ budget constraint.

b) Suppose Chris chooses to work 10 hours per week. Chris’ parents decide to send her an allowance of $30/week. Illustrate this new budget constraint for Chris. What can you say about how many hours per week Chris will now decide to work? EXPLAIN.

Reference no: EM131242571

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