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Robin is trying to decide whether to spend her time as a news anchor which pays $100 /hour or as a freelance journalist where she

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Robin is trying to decide whether to spend her time as a news anchor which pays $100 /hour or as a freelance journalist where she is paid by the news snippet she writes up, so her pay would be dependent both on the number of news snippets she writes and on her rate of pay per news snippet. Robin, is indifferent between the two tasks and care only about her earnings. The table below shows the number of news snippets she can write by devoting different amounts of time to writin -. Hours per day News snippets per day 1 _ 2 3 4 5 0 a. Make a table with price in $5 increments from $0 to $50 in the rst column and the quantity of news snippets Robin is willing to supply per day at that price in the second column. b. Plot these points on a graph with price on the vertical axis and quantity of news snippets per day on the horizontal axis. What curve did you just draw? c. Assume Robin has no other costs, if the market price of a news snippet is $30, what is her economic profit? d. Would this curve change if instead she could receive $200 /hour as a news anchor

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