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QUESTION 4 A new start-up fum, I-Start, wants to hire 30 workers. There are two types of workers that would have the required skills: H and L. A worker of type H would generate a monthly revenue of $ R.| for the firm and a type I worker would generate a monthly revenue of $ R | for the fum. All workers are currently employed at a monthly salary of $ 5 . We assume throughout that Ry 0 per audited worker. Note that no new workers are hired after the m-month probationary period. (d) Write an expression (in terms of the parameters) that gives I-Start's expected total profits over the entire n-month period under Option 2. [Hint: you need to consider two cases.] From now on assume that Ry =6,000, R, =4,000, S, =4,800, qy =25%, n =36, c= 5,500 and d = 3,000. Thus the only remaining parameters are m, p and k. (e) Assume for this question that & = 0. Rewrite the expressions of part (d) for the values given above and explain the significance of the inequality 2,500m + 40,500p-1,125mp