Question
A Dayton city employee has a salary of $68,000. He has received an $80,000 job offer from the University of Illinois. Assuming that moving will
A Dayton city employee has a salary of $68,000. He has received an $80,000 job offer from the University of Illinois. Assuming that moving will cost $5000, and he assumes that it will cost him about 8,000$ to get accustomed to the new location. What would you suggest to him?
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Principles of Economics
Authors: Gregory Mankiw
7th edition
128516587X, 978-1285165875
