Teddy's daily budget constraint is shown in the following chart. Teddy's employer pays him a base hourly wage rate plus overtime if he works more than the standard hours, and the \"overtime wage" is defined as the sum of those, or the total hourly wage earned during overtime. 325 300 '93\" 2 g 200 Q) E 145 8 c 100 _ 75 0 0 2 4 6 8 10 12 14 16 18 Leisure (hours) (a)IWhat is Teddy's daily nonlabor income? (b) What is Teddy's base wage rate? (c) What is Teddy's overtime wage rate? [The overtime wage is the total wage earned per hour during overtime hours] (d) How many hours does Teddy need to work before starting to receive overtime? (e) Make a prediction about how much leisure time you think Teddy would probably choose to work. (There is no wrong answer, but your reasoning needs to be right.) (f) SupposeTeddy'sovertimewagedoubled,whileTeddy'sregularwage remained the same. Make a prediction about how much leisure time you think Teddy would probably choose to work. (There is no wrong answer, but your reasoning needs to be right.)