An individual should continue to spend time searching for a job as long as
A) all salary offers are below what the person expected.
B) the marginal benefit expected from additional search exceeds the marginal cost.
C) job openings are available in the individual's field.
D) information is available that the individual has not yet collected.

Question

Quizplus · Accepted Answer

Continuing to search for a job is rational as long as the marginal benefit expected from additional search (higher salary or better working conditions) is greater than the marginal cost (time and effort spent searching). It doesn't matter if salary offers are below the expectation or if there are job openings in the individual's field. The key factor is whether the expected benefit of continued search outweighs the cost. Therefore, option B is the best choice.

An Individual Should Continue to Spend Time Searching for a Job