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Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498 Exercise 3
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.
a. List the benefits of Job A and the benefits of Job B.
b. List the opportunity cost of Job A and the opportunity cost of Job B.
a. List the benefits of Job A and the benefits of Job B.
b. List the opportunity cost of Job A and the opportunity cost of Job B.
Explanation
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Verified
Opportunity cost:
Opportunity cost refe
Opportunity cost refe
Economics 1st Edition by Dean Karlan,Jonathan Morduch
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