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Illustrate the original and new budget constraints

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For each of the following please illustrate the original and new budget constraints and then explain/show how each option is likely to affect the hours of work.

  • All doctors would be required to devote a percentage (for example, 10%) of their time "pro bono" to providing care for the poor (meaning they won't be paid for it).
  • Doctors must provide a certain number of hours of care (say 250 per year) for free to the poor
  • Doctors who earn over a certain amount (say over $250,000 per year) must donate $2,500 to a fund which will be used to provide care for the poor.

Reference no: EM131237265

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