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Alison is offered two jobs: one pays a salary of $45,000 per year and offers thr

ID: 2506544 • Letter: A

Question

Alison is offered two jobs: one pays a salary of $45,000 per year and   offers three weeks of vacation, while the other offer provides two weeks of   vacation and a salary of $54,000. What is the opportunity cost for Alison if   she chooses the job offer of $54,000?

  

Alison is offered two jobs: one pays a salary of $45,000 per year and   offers three weeks of vacation, while the other offer provides two weeks of   vacation and a salary of $54,000. What is the opportunity cost for Alison if   she chooses the job offer of $54,000?

  

Explanation / Answer

Alison is offered two jobs: one pays a salary of $45,000 per year and offers 3 weeks of vacation while the

other offer provides 2 weeks of vacation and a salary of $54,000. What is the opportunity cost for Alison if

she chooses the job offer of $54,000?

A. $45,000 plus the 3 weeks of vacation

B. $45,000 per year

C. One week of vacation -------------ANSWER------------100% SURE

D. Two weeks of vacation

E. $9000 and one week of vacation.

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