Scenario 17.1 Consider the Information Below

Multiple Choice

Scenario 17.1
Consider the information below:
For Group A the cost of attaining an educational level y is
C_A(y) = $6,000y
and for Group B the cost of attaining that level is
C_B(y) = $10,000y.
Employees will be offered $50,000 if they have where y* is an education threshold determined by the employer. They will be offered $130,000 if they have
-Refer to Scenario 17.1. An employer who only wants to hire individuals who find learning less costly can do so by choosing y^* to be anywhere between:

A) 7 and 14.
B) 8 and 13 1/3.
C) 10 and 16.
D) 13 1/3 and 20.
E) 14 and 20.