Suppose that Rosa is considering migration to another country. To move, she will have to spend $3,000 on transportation and $2,000 in application and other processing fees. Rosa's stream of future earnings in her home country is $550,000. She expects to earn a stream of future earnings of $920,000 in another country. Based on this information, Rosa will decide to migrate as long as the implicit costs of leaving her friends and family and adjusting to a new culture are

Multiple Choice

• less than $370,000.
• less than $375,000.
• less than $365,000.
• greater than $555,000.