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Please calculate both Firm A's and Firm B's payoff and the worker's payoff in the following hypothetical scenarios.

Recall the following payoff formulas:

Firm payoff = (30 × Production Level) - Wages

Worker payoff = Wages - Production Costs

You may use the Production Cost table provided below when calculating employee payoff.

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Scenario 1

Suppose the worker accepts Firm B’s job offer, which includes a Wage of 70 Lira and chooses a Production Level of 8.

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Scenario 2

Suppose the worker accepts Firm A’s job offer, which includes a Wage of 50 Lira and chooses a Production Level of 3.

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