Questions 09 Consider the wage of low-ability workers, w, = 16, and the proportion of high-ability workers in the population, 0 = 0.25. For which values of their college cost, Ch, and wage, Why, do the high- ability workers prefer the separating equilibrium over the pooling equilibrium? (a) Ch = 0 and any Wh > 12 (b) Ch = 0 and any Wh > 16 (c) Any Ch > 3 and Wh = 20 (d) Any Ch