Suppose That All Workers Value a Safe Job $2,000/year More

Multiple Choice

Suppose that all workers value a safe job $2,000/year more than a risky job.The cost of safety is $700 per worker.Firms currently pay $35,000 per year to workers,without any effort to improve safety.
Suppose new firms began to offer workers $34,000 per year and safe jobs.The total cost of hiring a worker to the existing firms is __________ and to the new firms it is __________.

A) $35,700;$33,700
B) $35,000;$34,700
C) $34,700;$35,000
D) $33,700;$35,700