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Q1.5 1 Point Cost functions: CL(e) = 2 . e2 CH (e) = 0.5 . e2. Marginal products: mL(e) = 2 . e mH(e) =
Q1.5 1 Point Cost functions: CL(e) = 2 . e2 CH (e) = 0.5 . e2. Marginal products: mL(e) = 2 . e mH(e) = 5 . e Share of workers that are Type H: p = 0.25 What is the minimum value of e that could be consistent with a separating equilibrium? Round your answer to at least three decimal places. Q1.6 1 Point Using the same numbers and cost functions from the previous question, what is the maximum value of e that could be consistent with a separating equilibrium? Round your answer to at least three decimal places
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