Multiple Choice
Jim has a choice between two jobs.Job A would pay him $15 an hour with certainty,and the job B is commission based where he could earn $12,with a 50% probability and $18 with a 50% probability.Which job would he choose?
A) Job A
B) Job B
C) Neither of the jobs
D) He would choose to exit the labor market
Correct Answer:
Verified
Correct Answer:
Verified
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