4) For this question only, assume that Frankie has an agent who is just starting out...

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4) For this question only, assume that Frankie has an agent who is just starting out in the business. The agent gets 20% of whatever fee he negotiates for Frankie. In addition to his fee, the agent would be able to generate "considerably more" future business for himself if he books Frankie at Night Howl than if he books Frankie at Geeper Creepers. Qualitatively, how does the ZOPA change if Night Howl and Geeper Creepers negotiate only with the agent rather than with Frankie directly? Assume that the agent is interested only in maximizing his own expected value. (10 points) 4) For this question only, assume that Frankie has an agent who is just starting out in the business. The agent gets 20% of whatever fee he negotiates for Frankie. In addition to his fee, the agent would be able to generate "considerably more" future business for himself if he books Frankie at Night Howl than if he books Frankie at Geeper Creepers. Qualitatively, how does the ZOPA change if Night Howl and Geeper Creepers negotiate only with the agent rather than with Frankie directly? Assume that the agent is interested only in maximizing his own expected value. (10 points)