a.At what wage differential are workers indifferent between the risky and safe firm?That is, how much more does the risky firm need to pay in wages?(Hint: use the worker's utility function)

b.How many workers are employed at each job and what are the equilibrium wages at each job?

1. Suppose there are two types of jobs: "risky\" and \"safe\". The risky job has a 1/2 probability of injury and the safe job has zero probability of injury. There are 30 workers in the labor market who all have the same utility function. They prefer higher wages and lower risk of injury: U (w, p) = w 12p. The risky job has a labor demand of Emmy = 30 Wm\"), and the safe job has a labor demand of ESafe : 2C. _ WSafe- a. At what wage differential are workers indifferent between the risky and safe rm? That is, how much more does the risky rm need to pay in wages? (Hint: use the worker's utility function) b. How many workers are employed at each job anti what are the equilibrium wages at each job