Suppose your management professor has been offered a corporate job with a 30 percent pay increase.He has decided to take the job.For him,the marginal
A)cost of leaving was greater than the marginal benefit.
B)benefit of leaving was greater than the marginal cost.
C)benefit of teaching was greater than the marginal cost.
D)All of the above are correct.

Question

Quizplus · Accepted Answer

The decision to take the corporate job reflects that the marginal benefit (30 percent pay increase) of leaving teaching was greater than the marginal cost (reduced salary and other benefits, loss of teaching experience and opportunities) of leaving.

Suppose Your Management Professor Has Been Offered a Corporate Job