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 $30,000 0.1 $43,000 0.1 $55,000 0.1 $69,000 0.1 $82,000 0.1 $95,000 0.1 $108,000 0.1 $121,000 0.1 $134,000 0.1 $147,000 0.1 The expected value of hiring one employee is . Suppose you set the salary of the posi on equal to the expected value of an employee. Assume that employees will not work for a salary b-elowI 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 V