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Suppose That Rosa Is Considering Migration to Another Country

Question 48

Multiple Choice

Suppose that Rosa is considering migration to another country. To move, she will have to spend $4,000 on transportation and $6,000 in application and other processing fees. Rosa's stream of future earnings in her home country is $400,000. She expects to earn a stream of future earnings of $750,000 in another country. Based on this information, Rosa will decide to migrate as long as the implicit costs of leaving her friends and family and adjusting to a new culture are


A) greater than $410,000.
B) less than $350,000.
C) less than $360,000.
D) less than $340,000.

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