Patricia owns a cleaning business with Sarah. They both have other jobs and are trying to determine
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Question:
Patricia owns a cleaning business with Sarah. They both have other jobs and are trying to determine the number of hours to work at the cleaning business. The following payoff matrix shows their daily incomes depending on the number of hours they work at the cleaning business.
Sarah | |||
---|---|---|---|
Patricia | Full time | Part time | |
Full time | $60, $60 | $50, $80 | |
Part time | $80, $50 | $55, $55 |
If Patricia chooses to work full time and Sarah works part time, what will each earn in daily income? (2 points)
Patricia will earn $60; Sarah will earn $60. | |
Patricia will earn $50; Sarah will earn $80. | |
Patricia will earn $80; Sarah will earn $50. | |
Patricia will earn $55; Sarah will earn $55. | |
Indeterminate |
Related Book For
Macroeconomics
ISBN: 978-0321675606
6th Canadian Edition
Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone
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