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2. Artemis earns $25 per hour as an actress. In addition to her labor market income, she receives $100 per day in lottery winnings. She

2. Artemis earns $25 per hour as an actress. In addition to her labor market income, she receives $100 per day in lottery winnings. She allocates her 24 hours each day between work and leisure, and spends all of her income on consumption.

(a) What is the equation for Artemis' budget constraint?

(b) Draw her budget constraint in the graph below. Label itB0.

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