Question: e. Next, suppose instead that the equilibrium is a pooling equilibrium; that is, an equilibrium in which all workers get the same level of education

e. Next, suppose instead that the equilibrium is a pooling equilibrium; that is, an equilibrium in which all workers get the same level of education e and firms therefore cannot infer anything about the productivity of a job applicant. Will the strategy in stage 3 be any different than it has been?

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