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3 . Individual Problems 15-4 After graduation, you enter salary negotiations for your first job. Suppose the potential employer (employer A) has two choices: to

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3 . Individual Problems 15-4 After graduation, you enter salary negotiations for your first job. Suppose the potential employer (employer A) has two choices: to offer you a high salary or to offer you a low salary. You may then accept or reject whatever offer is made. The payoffs, as well as the decision tree, are depicted in the following figure. Employee Accept Employee: 120 Employer A: 71 High Offer oyee Rej Employee: 0 Employer A: 0 Employer Employee Accept Employee: 71 Employer A: 120 Low Offer Employee Reject Employee: 0 Employer A: 0

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