Suppose your management professor has been offered a corporate job with a 30 percent pay increase.Why has he decided to take the job
A)The marginal cost of leaving was greater than the marginal benefit.
B)The marginal benefit of leaving was greater than the marginal cost.
C)The marginal benefit of teaching was greater than the marginal cost.
D)The marginal cost of teaching was greater than the marginal benefit.

Question

Quizplus · Accepted Answer

The professor has decided to take the job because the marginal benefit of leaving (30% pay increase) is greater than the marginal cost of leaving (possibly leaving a fulfilling job, leaving colleagues, etc.).

Suppose Your Management Professor Has Been Offered a Corporate Job