You have been hired to take charge of the economic development department in the city of stratford ontario. Next month, city council will meet and the first item on the agenda is a proposal for the museum celebrating the life and work of justin Bieber, based on the success of Graceland for celebrating Elvis Presley. It would employ 50 people annually and the annual cost to the city would be "only" $1,000,000 = $1m = $1000k Staff notes: 1. Tourism and entertainment industry jobs: 5k 2. Other (local) jobs: 10k 3. Elasticity of local jobs due to export jobs: 0.5 4. Average annual salary of a worker in stratford: $ 50k The mayor wants to know the total increase in the number of jobs resulting from this proposal (i.e: new jobs) and the cost per new job. Based kn this information how many