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Problem 7. Two employees work together in a team. Worker i contributes some positive effort e; (i = 1, 2) to the team output y

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Problem 7. Two employees work together in a team. Worker i contributes some positive effort e; (i = 1, 2) to the team output y = e, + e2 (the output is measured in Dollar terms) which is equally divided up between both workers. This effort causes the worker a disutility of 1e2.1 7(a) Assume that you are a social planner whose aim is to maximize the total utility of both workers (i.e. the sum of their utilities). How much effort should both workers choose? 7(b) Find the pure strategy Nash equilibrium of the game. Compare your result to the social planner's solution. Explain

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