Suppose there are two types of employees: type-a and type-b. employers cannot distinguish between the two but know that type-a employees are more productive. specifically, the value of a type-a employee to the firm is $20 and the value of a type-b employee is $10. the cost of education for type-a employees is 2e, where e is a year of education; the cost for type-b employees is 4e. if type-a employees make up 25 percent of the population, what is the pooling equilibrium?

Transactions that affect earnings do not necessarily affect cash. identify the effect, if any, that each of the following transactions would have upon cash and net income. the first transaction has been completed as an example. (if an amount reduces the account balance then enter with negative sign preceding the number e.g. -15,000 or parentheses e.g. (15, cash net income (a) purchased $120 of supplies for cash. –$120 $0 (b) recorded an adjustment to record use of $35 of the above supplies. (c) made sales of $1,370, all on account. (d) received $700 from customers in payment of their accounts. (e) purchased equipment for cash, $2,450. (f) recorded depreciation of building for period used, $740. click if you would like to show work for this question: open show work