What would the following contracts look like on a graph, Ask an Expert

Economics

What would the following contracts look like on a graph where the total income is on the horizontal axis and the number of tasks is on the vertical axis?

(a) A contract that pays 20 pesos a bushel for the first 40 bushels followed by 10 pesos a bushel for each additional bushel.

(b) A contract that pays a flat wage of 50 pesos, plus 25 pesos per bushel

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91272906

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