Consider the following information. For Group A the cost of attaining an educational level is CA(y)=$6,000y and for Group B this is CB(y)=$10,000y. Employees will be offered $50,000 if they have yy*.
(a) What is the lowest level of y* that still allows the separate the groups (i.e., that only high productivity people can meet).
(b) What is the highest level of y* that can still be met by high productivity people?