Suppose your management professor has been offered a corporate job with a 30% pay increase. He has decided to take the job. What happened for him?

Question

Quizplus · Accepted Answer

The professor has made the decision to take the corporate job which means the marginal benefit of leaving (in terms of pay increase) was greater than the marginal cost of leaving (such as leaving the teaching profession, potential job security, etc.).

Suppose Your Management Professor Has Been Offered a Corporate Job