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Potential employees are either slackers, comprising 75% of the population and generating $40,000 of productivity, orachievers, comprisingthe other 25% of the population and generating$80,000 of
Potential employees are either slackers, comprising 75% of the population and generating $40,000 of productivity, orachievers, comprisingthe other 25% of the population and generating$80,000 of productivity.If workers reject salary offers below their productivity, and anemployer offers a salary equal to the average productivity in the population, the employer's per-employee profit is
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