Suppose you have two job offers and are considering the trade-offs between them. Job A pays$45,000 per year and includes health insurance andtwo weeks of paid vacation. Job B pays $30,000 peryear and includes four weeks of paid vacation butno health insurance. [LO 1.2]a. List the benefits of Job A and the benefits ofJob B.b. List the opportunity cost of Job A and theopportunity cost of Job B
Suppose you have two job offers and are considering the trade-offs between them. Job A pays$45,000 per year and includes health insurance andtwo weeks of paid vacation. Job B pays $30,000 peryear and includes four weeks of paid vacation butno health insurance. [LO 1.2]a. List the benefits of Job A and the benefits ofJob B.b. List the opportunity cost of Job A and theopportunity cost of Job B
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Suppose you have two job offers and are considering the trade-offs between them. Job A pays
$45,000 per year and includes health insurance and
two weeks of paid vacation. Job B pays $30,000 per
year and includes four weeks of paid vacation but
no health insurance. [LO 1.2]
a. List the benefits of Job A and the benefits of
Job B.
b. List the
opportunity cost of Job B
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