Suppose it costs $52,000 per year to live in City A. It costs $90,000 to live in City B. If you are offered $69,000 to work and live in City A, what salary would you need to be offered in City B to have an equivalent salary, in terms of purchasing power? Choose the correct answer and the correct reason. Question 3 options: $119,423 -- You can multiply by 1.73 (the ratio of cost of living in B to cost of living in A). $107,000 -- You are earning $17,000 more than the cost of living in City A, so you need to earn the same amount more in City B. $39,867 -- You can multiply by 0.58 (the ratio of cost of living in A to cost of living in B)