Suppose your management professor has been offered a corporate job with a 30 percent pay increase.Why has he decided NOT to take the job
A)The marginal cost of leaving was greater than the marginal benefit.
B)The marginal benefit of leaving was greater than the marginal cost.
C)The marginal benefit of leaving was less than the marginal cost.
D)The marginal benefit of teaching was greater than the marginal cost.

Question

Quizplus · Accepted Answer

The question states that the management professor has decided NOT to take the corporate job with a 30 percent pay increase. This indicates that the marginal benefit of leaving was less than the marginal cost, as the professor has decided that the potential salary increase is not worth leaving their current job. Option A suggests that the marginal cost is greater than the marginal benefit, which is not in line with the professor's decision. Option B suggests that the opposite is true, which also contradicts the information provided in the question. Option D may be a factor in the professor's decision, but it does not explain why they ultimately decided not to take the job offer.

Suppose Your Management Professor Has Been Offered a Corporate Job