2. Michael and Dwight live in Georgia. Michael's lifetime PV earnings are $150,000 while Dwight's is $600,000. The cost of moving to Los Angeles is
2. Michael and Dwight live in Georgia. Michael's lifetime PV earnings are $150,000 while Dwight's is $600,000. The cost of moving to Los Angeles is $30,000 per person. In Los Angeles, Michael's lifetime PV earnings will be $182,000 while Dwight's would be $606,000. If the two choose where to live based on their total, combined well-being, will they make the move
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