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: 96 Employer A: 76 High Offer Employee Reject Employer A: 0 Employee: 86 Employer Employee Accept Employee: 76 Employer A: 96 Low Offer Employee Reject Employee: 86 Employer A: 0Employee Accept Employee: 96 Employer A: 76 High Offer Employee Reject Employee: 0 Employer A: 0 Employer Employee Accept Employee: 76 Employer A: 96 Low Offer Employee Reject Employee: 0 Employer A: 0