Separating equilibrium Suppose Candidate of type H decides to get an MBA, while Candidate of type L decides not to get an MBA. Further, suppose this is also what the Employer believes. a. What does E infer about the type of the Candidate when s/he sees that C has an MBA? b. What does s/he infer when s/he sees that C does not have an MBA? c. What is the Employer's best response when the Candidate has an MBA? d. What is the Employer's best response when the Candidate does not have an MBA? e. Given the Employer's best response does the Candidate have an incentive to deviate