You need to hire some new employees to staff your startup venture. You know that potential employees are distributed throughout the population as follows, but you can't distinguish among them:

Employee Value Probability

$40,000 0.1

$49,000 0.1

$58,000 0.1

$67,000 0.1

$76,000 0.1

$85,000 0.1

$94,000 0.1

$103,000 0.1

$112,000 0.1

$121,000 0.1

The expected value of hiring one employee is _______

Suppose you set the salary of the position equal to the expected value of an employee. Assume that employees will not work for a salary below their employee value.

The expected value of an employee who would apply for the position, at this salary, is _______

Given this adverse selection, your most reasonable salary offer (that ensures you do not lose money) is 40,000 or 67,000 or 58,000, or 49,000 ?