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You are offered a job in which you can choose any hours you want. You will be paid 13 dollars per hour. 1. Draw a large (half a sheet of lined paper) budget constraint (feasible set) with income on the y-axis and free time per day on the x-axis. Label the x and y intercepts. Draw the optimal point on your budget constraint at 10 hours of work with an indifference curve passing through it.
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