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Cesar earns $15 per hour for up to 40 hours of work each week. He is paid $30 per hour for every hour in excess
Cesar earns $15 per hour for up to 40 hours of work each week. He is paid $30 per hour for every hour in excess of 40. Cesar faces a 20 percent tax rate on hourly earnings and must pay $5 per hour in child-care expenses for each hour that he works. Cesar receives $80 in dividends each week. There are 168 hours in the week. Carefully show Cesar's weekly budget constraint on a diagram.
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