Many believe that technology is very costly to create but cheap to transfer. for example, think of the personal computer: the technology underpinning the personal computer took a generation of time and a ton of money to create. however, now that the personal computer has been created, it is easy for others to purchase and reap the benefits. given thisinsight, what do you believe will be the growth implications for the united states (traditionally more apt to create newtechnology) and china (traditionally more apt to adopt technologies created elsewhere)?

Afirm wants to hire a project manager (pm) at a salary of $100,000. 30% of pms have high ability, and 70% of pms have low ability. high ability pms generate $120,000 in revenue and low ability pms generate $80,000 in revenue. in addition to differences in productivity, high and low ability pms have different outside offers. if a high ability pm is not hired by the firm, she can work for another company at a salary of $80,000. if the low ability pm is not hired by the firm, she can work for another company for $70,000. high ability pms are also able to get a project management professional (pmp) certification at a cost of $1,000. low ability pms are unable to get a pmp certification (they would fail the test). the firm is not able to observe a pm’s ability, but is able to observe and verify whether or not the pm has a pmp certificate.(a) draw the extensive form of the game.expert answer