Question 4: Suppose the NBA cannot observe the ability of basketball players coming into the league (perhaps players can go straight from high school again). The value of good players to teams in the NBA is 10 million dollars While the value of bad players is only 2 million dollars. Assume there are an equal number of good and bad players and the teams pay players the full value they expect they will generate. Good players can generate \"hype,\" which is observable to teams, but it costs them c million dollars. (1) If there is no hype, What does each player make? 2 ( (3 ( ( ) Suppose c = 2. Is there a separating and/ or pooling equilibrium? ) 4) Suppose c = 9. Is there a separating and/ or pooling equilibrium? ) Suppose c = 5. Is there a separating and/ or pooling equilibrium? 5 Suppose c = 2 and bad players can also generate hype, but it costs them 5 mil lion dollars. Is there an equilibrium Where only good players generate hype? Is there any cost of hype for bad players for which there is an equilibrium Where only good players generate hype