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    Examples
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    <p>
        The following examples illustrate how to calculate both Firm A's and Firm B's payoff and the worker's payoff based on different combinations of <b>Wages</b> and <b>Production Levels</b>.
    </p>
    <p>
        In addition, the <b>Production Costs</b> associated with each <b>Production Level</b> are provided in the table below:
    </p>
    {{ include '_templates/global/Production_Cost_Table.html' }}
    <h5>
        Example 1
    </h5>
    <p>
        Suppose the worker accepts Firm A’s job offer, which includes a <b>Wage</b> of 20 Lira, and chooses a <b>Production Level</b> of 5. Firm A’s payoff and the worker's payoff would be calculated as follows:
    </p>
    <table class="example-table">
        <colgroup><col><col><col></colgroup>
        <tr><th>Firm A Payoff</th><td></td><th>Worker Payoff</th></tr>
        <tr><td>= (30 × <b>Production Level</b>) – <b>Wages</b></td><td></td><td>= <b>Wages</b> – <b>Production Costs</b></td></tr>
        <tr><td>= (30 × 5) – 20</td><td></td><td>= 20 – 8</td></tr>
        <tr><td>= 130 Lira</td><td></td><td>= 12 Lira</td></tr>
    </table><br>
    <p>
        In this example, Firm B receives a payoff of 0 because the worker did not accept Firm B’s job offer.
    </p>
    <h5>
        Example 2
    </h5>
    <p>
        Suppose the worker accepts Firm B’s job offer, which includes a <b>Wage</b> of 40 Lira and chooses a <b>Production Level</b> of 1. Firm B’s payoff and the worker's payoff would be calculated as follows:
    </p>
    <table class="example-table">
        <colgroup><col><col><col></colgroup>
        <tr><th>Firm B Payoff</th><td></td><th>Worker Payoff</th></tr>
        <tr><td>= (30 × <b>Production Level</b>) – <b>Wages</b></td><td></td><td>= <b>Wages</b> – <b>Production Costs</b></td></tr>
        <tr><td>= (30 × 1) – 40</td><td></td><td>= 40 – 0</td></tr>
        <tr><td>= -10 Lira</td><td></td><td>= 40 Lira</td></tr>
    </table><br>
    <p>
        In this example, Firm A receives a payoff of 0 because you did not accept Firm A’s job offer.
    </p>

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