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please do it in 35 minutes please urgently... I'll give you up thumb definitely

5. Consumer choice A worker earns 15 pounds an hour and chooses to work six hours a day. The worker has no other source of income. For the question below, assume that the worker has "standard" Cobb- Douglas preferences. When considering wage changes, assume that the "income effect outweighs the substitution effect". (a) Write down the worker's budget constraint and then represent the worker's choice in a suitably labelled graph. [5 Marks] (b) The government gives the worker 80, but taxes the worker's wage, such that their take-home wage is 10. Model this policy in a suitably labelled graph. Is the worker better off (in terms of utility) after this policy? Note there are a range of correct answers for the worker's new hours/income. Choose one that is consistent with the information given in the question. [5 Marks]

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