1. Suppose you have two possible summer jobs. The first one (Job A) pays $8000 for the summer, and you will be able to stay at your parents' house "for free." The second one (Job B) is in a different city, and you will have to pay $6000 in living expenses for the summer to take that job. Job B is more interesting to you and this fact has a value to you of $3000. a. What is the lowest amount of pay for which Job B is the more valuable option? Please provide your answer in monetary terms and show your reasoning. b. If Job B pays $15,000 for the summer, compute both the economic cost Job B and the economic rent associated with Job B?