Multiple Choice
Suppose Marion and Gab must both choose between two jobs,a safe job that pays $250/week and a risky job that pays $300/week.The value of safety to each is $75/week.Each also values having a higher income than the other at $75/week.Having the same job (income) as the other means no change in satisfaction.The following payoff matrix shows the income (satisfaction) each would get based on the other decision.
Suppose that Gab chooses the safe job,Marion is most likely to choose the ____ and obtain a total of ____ satisfaction.
A) safe job;$325
B) safe job;$250
C) risky job;$375
D) risky job;$300
Correct Answer:

Verified
Correct Answer:
Verified
Q64: The optimal amount of workplace safety is
Q65: To reduce the social loss due to
Q66: Suppose that all workers value a 1%
Q67: Your state is considering enacting a law
Q68: Suppose that there are three power-generating
Q70: Workplace safety laws are _ in developed
Q71: The major characteristic of an HMO is<br>A)emphasis
Q72: Suppose that the marginal benefit of having
Q73: If the workers' compensation premium accurately reflected
Q74: Compared to the taxing of pollution,pollution permits