George is taking sociology and economics and is preparing for exams in both classes. For economics, he is self-testing on economic problems, which take him 12 minutes each. For sociology, he is rewriting notes, which takes 6 minutes per page. George is considering two study schedules. For the first, he will self-test on 6 economics problems and rewrite 12 pages of sociology notes. For the second, he will self-test on 10 economics problems and rewrite 4 pages of sociology notes. Either schedule will use all of the time he has allotted for studying. 1. How much total time does George plan to spend studying? (answered in minutes)
2. Draw a graph below and mark the two schedules George is considering, and then graph his entire study budget (running from axis to axis).

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