Question: Suppose that you are given w h , w l , and in the education signaling model. For what value of c are both a

Suppose that you are given w_h, w_l, and in the education signaling model. For what value of c are both a pooling equilibrium and a separating equilibrium possible? For what value of c are both types of equilibria possible, and do high-ability workers have higher net earnings in a separating equilibrium than in a pooling equilibrium?

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