e. Next, construct a table that shows how compensating wage differentials vary with the elasticity of substitution of safety for wage. Let the first column of your table give r and let the next 4 columns give u*, the wage of workers on oil rigs, the wage of workers in coal mines

(after the safety improvements have been made), and the wage of teachers, all in tens of thousands of dollars. (Continue to assume a 5 0.5 and an initial annual wage of 8 in the coal and oil-rigging industries (before the safety improvements in coal mining).) Fill in the table for the following values of r: –0.99, 0.01, 0.5, 5, 10.