A rm is looking to hire a worker with complete college education. There are two types of such workers: high-productivity, with marginal productivity of 10, and lowproductivity, with marginal productivity of zero. Out of all students completing college, a fraction ph has high productivity, and the rest (p; = 1 ph) have low productivity. The rm is riskneutral. That is, it only cares about expected prots associated from hiring a worker: the difference between the expected productivity and the wage. 7. Keep assuming that the rm cannot observe the worker's type, but now consider a different situation. Suppose that, out of all high-productivity students, a fraction or secures a job before graduating (possibly due to internships), so they don't go into the unemployed pool. None of the low productivity workers secure jobs before graduating. The rm is considering hiring a candidate who is unemployed some time after graduating. What is the highest wage it should offer to that candidate to avoid negative expected prots? (3.) 10(1 Ph) (13) 101011 (Hmp ) (C) 10(1ax1psiph (16)}; ('1) 10(1a)ph+(1hph)