3)With respect to the marginal benetit from vacations, suppose that in 2020 employees earned $ 50,000 in vacations and used half of that benefit. The other half will be used in 2021. Vacation spending for 2020 will be: A. $ 50,000 b. $ 25,000 c. $ 25,000 plus the amount they use in 2021 before the 2020 financial statements are released

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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3)With respect to the marginal benefit from
vacations, suppose that in 2020 employees
earned $ 50,00 in vacations and used half of
that benefit. The other half will be used in
2021. Vacation spending for 2020 will be:
A. $ 50,000
b. $ 25,000
c. $ 25,000 plus the amount they use in 2021
before the 2020 financial statements are
released
d. $ 0. The vacation benefit does not
represent an expense for the employer.
Transcribed Image Text:3)With respect to the marginal benefit from vacations, suppose that in 2020 employees earned $ 50,00 in vacations and used half of that benefit. The other half will be used in 2021. Vacation spending for 2020 will be: A. $ 50,000 b. $ 25,000 c. $ 25,000 plus the amount they use in 2021 before the 2020 financial statements are released d. $ 0. The vacation benefit does not represent an expense for the employer.
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