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 $65,000 0.125 $82,000 0.125 $99,000 0.125 $116,000 0.125 $133,000 0.125 $150,000 0.125 $167,000 0.125 $184,000 0.125 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. $65,000 Suppose you set the salary of the position equal to the expected value of an employee. Assume that em not work for a salary below their employee value. $82,000 $116,000 The expected value of an employee who would apply for the position, at this salary, is $ $99,000 Given this adverse selection, your most reasonable salary offer (that ensures you do not lose money) is Grade It Now Save & Continue