Given the following: Profits of falsely claiming high quality with no signal are 140. Profits of truthfully claiming hig

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answerhappygod
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Given the following: Profits of falsely claiming high quality with no signal are 140. Profits of truthfully claiming hig

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Given the following:
Profits of falsely claiming high quality with no signal are140.
Profits of truthfully claiming high quality with no signal are110.
Profits of truthfully claiming low quality are 70.
The cost of a true signal of high quality is 34.
The cost of a false signal of high quality is 66.
What are the profits from being a high-quality producer giventhe signal cost?
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