Question: I need help with this question Question 3.1 Consider a worker with time endowment T = 16, and non-labor income V = 32. He lives

I need help with this question

Question 3.1 Consider a worker with time endowment T = 16, and non-labor income V = 32. He lives in a country with a progressing tax system where workers with higher earnings have to pa}r higher wages. In particular, there is a tax on labor earnings of T1 = 0.2 if labor earnings (0131:,r labor earnings!) is below 150, and a high tax rate T2 = 0.4 on every additional earnings above 150. Plot the budget constraint for a worker with wage w = 5 and for a worker with wage in = 15

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