a. Suppose you are hiring a worker for your firm. You advertise a position for $50,000, but

Question:

a. Suppose you are hiring a worker for your firm. You advertise a position for $50,000, but an applicant offers to work for $40,000. Should you jump at this offer?
b. Suppose you have $1,000 to lend and offer it for 10 percent interest. Someone promises to pay 20 percent if you lend to him. Should you jump at this offer?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: