Lump sum tax cause the after tax consumption schedule

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Q. Sarah is awakes 100 hours every week. Using one diagram, Elucidate how Sarah's budget constraints if she earns $6 every hour, $8 every hour also $10 every hour. Now draw indifference curves such that Sarah's labor supply curve is upward sloping when the wage is between $6 also $8 every hour also backward sloping when the wage is between $8 also $10 every hour.

Q. Does a lump sum tax cause the after tax consumption schedule to be flatter than the before tax consumption schedule?

Reference no: EM1320785

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