Which of the following statements best represents the fact that Logan cannot put in extra hours of work because of scarcity? a) He is worried that if he works extra hours, he will get bored with his job. b) He doesn’t think that overtime pay is high enough. c) He doesn’t like going to work, so why would he work more than he has to? d) He doesn’t want his coworkers to feel pressure to work more because he is working additional hours. e) He doesn’t have enough time for additional work because he needs to spend time with his family and there are only so many hours in the day.

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