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Maria (20 points) Maria can work up to 40 hours per week at Sparkle, one of many competitive firms that make and sell hand-crafted jewelry

Maria(20 points) Maria can work up to 40 hours per week at Sparkle, one of many competitive firms that make and sell hand-crafted jewelry and pay $25 per hour. The budget constraint below shows the tradeoff that she faces in terms of earnings versus leisure each week.

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\fA. In an effort to raise revenues, the government is considering raising income taxes on workers like Maria. How would a higher tax change Maria's budget constraint? a. The budget oonstraint would be unchanged. b. The slope would be unchanged but the line will shift out. c. The slope would he unchanged but the line will shift in. d. The slope would become steeper. e. 111e slope would become atter. Explain your reasoning for part A (above) using economic concepts

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