A laid-off autoworker does not immediately seek employment in a rapidly growing computer industry because:
A) he is irrational,not considering the benefits of searching for a new job.
B) changing a career is a costly decision.
C) being unemployed is always the best decision for a person after a layoff.
D) there are benefits to being rationally ignorant.

Question

Quizplus · Accepted Answer

Changing careers requires investment in education, retraining, and networking. It takes time, effort, and money to transition to a completely new industry, and the outcome may not be certain. Therefore, the laid-off autoworker may not immediately seek employment in the computer industry due to the perceived cost of changing careers.

A Laid-Off Autoworker Does Not Immediately Seek Employment in a Rapidly