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(1) Jacob earns 46,000 per year by working for a company, which pays for his health insurance. If he starts his own business, he can

(1) Jacob earns 46,000 per year by working for a company, which

pays for his health insurance. If he starts his own business, he

can make about 50,000 per year, but then he will pay $530.35

per month for health insurance. Is it beneficial for him to quit his

job and start his own business? Justify your answer by showing

your calculations.

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