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Asiedu Nketia has her own firm and is offered a job in his friends, John Boadus, firm for an annual salary of 60,000. Currently Asiedu
Asiedu Nketia has her own firm and is offered a job in his friends, John Boadus, firm for an annual salary of 60,000. Currently Asiedu Nketias firm has annual revenues of 550,000 and costs of 500,000. Assuming Asiedu Nketia is indifferent between working for himself and working in another firm what should Asiedu Nketia do?
i. Stay in her own firm or take the job in John Boadus firm? Support your answer with calculation.
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