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Provided to plot the budget constraint curve

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Case Study: A telephone company offers an optional package for local calls whereby each month the subscriber gets the first 50 min of local calls free, the next 100 min at €0.25/min, and any additional time at the normal rate of €0.50/min. Draw the budget constraint for local phone calls and the composite good for a subscriber with an income of €100/mo.

Questions:

1. Use the line tool provided to plot the Budget Constraint curve.

2. To earn full credit for this graph you must plot all required points for each curve.

 

 

 

Reference no: EM133583516

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