Question

Marla Opper currently earns $55,000 a year and is offered a job in another city for...

Marla Opper currently earns $55,000 a year and is offered a job in another city for $66,000. The city she would move to has 14 percent higher living expenses than her current city. (a) What minimum salary should Marla require before accepting the new position? (b) Should Marla accept the new job? Yes No

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Answer #1

a)

Minimum salary = 55000 * 1.14

= 62700

b)

Yes, since salary offered is greater than minimum salary

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