An unemployed salesperson has been offered a job paying £500 a week. He turns that job down and continues to search for another job that pays more. The cost of this continued search is

Question

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The cost of continuing the job search includes both the £500 weekly salary that the salesperson has forgone by not taking the job offer and any additional monetary costs incurred during the continued search for another job.

An Unemployed Salesperson Has Been Offered a Job Paying £500