If your income is 12wk ad the composite good costs 1 graph


Suppose your local phone company offers you the following plan. Pay an initial $2/wk, which allows you up to 30 calls per week at no charge. Any calls over 30/wk costs $0.05 per call. If your income is $12/wk ad the composite good costs $1, graph your budget constraints for the composite good and the phone calls.

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Business Economics: If your income is 12wk ad the composite good costs 1 graph
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