Physicians sometimes have wage rates that are so high that we start to see a phenomenon known as a 'backward bending' labor supply schedule. Please draw the labor supply graph for an anesthesiologist to illustrate this phenomenon. What might happen to the number of hours worked if the wage rate were to increase from $300 an hour to $350 an hour?

[Please illustrate using a well labeled labor supply graph that has a backward bending portion for the range of wages discussed here, and please also explain the economic intuition behind your answer, related to the "targeting of an income" effect.]