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Elena is offered a job answering the phone in the State U economics department during lunchtime, from noon to 1 p.m., Tuesdays and Thursdays. Her
Elena is offered a job answering the phone in the State U economics department during lunchtime, from noon to 1 p.m., Tuesdays and Thursdays. Her reservation wage for this job is $15 per hour. If the department chair offers Elena $150 per week, will Elena accept this job? Multiple Choice There's not enough information to determine what Elena would do. Yes, accepting the job means a positive economic surplus for Elena. No, accepting the job means a negative economic surplus for Elena. Yes, although accepting the job means a negative economic surplus for Elena, still it is better than having no job
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