{L n the textbook. Chapter 19, the author talks about a scenario where a Principal has different options of setting wages and the Agent has different levels of work. Consider this model with the following special values: 1(2vw); dH=15, dL:0, g=300, m=200, b=100, whzwage base=0 3., results in a probability of profit levels g, m, b as 0.5, 0.3, 0.2 at results in a probability of prot levels g, m, b as 0.2, 0.3, 0.5 Assuming the Principal chooses a pure wage scheme, what would be the expected payoffs for the Principal and the Agent? Assuming the Principal chooses a pure franchise scheme, what would be the maximum franchise fee? What would 3e the expected payoffs for the Principal and the Agent? Assuming the Principal chose a wage plus bonus scheme, what is the minimum bonus to induce eH? What would be :he expected payoffs for the Principal and the Agent? n this scenario, what should the Pn'ncipal choose to do