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Roberta is moving to be closer to her children. Roberta is a nurse and makes $45 per hour. She has ...

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Roberta is moving to be closer to her children. Roberta is a nurse and makes $45 per hour. She has ...

Roberta is moving to be closer to her children. Roberta is a nurse and makes $45 per hour. She has to decide whether to hire movers to pack up her belongings or pack it all up herself. The movers will charge $1,000 to supply packing materials and pack up all of Roberta's belongings. It would take 20 hours for her to pack up herself, and she would need to spend $300 on packing materials.

Based on the scenario above, which of the following statements is TRUE?

▸ Roberta should not hire the movers as she will save $1000.

▸ Roberta should hire the movers as she will save $300.

▸ Roberta should hire the movers as she will save $200.

▸ Roberta should not hire the movers as she will save $1900.

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

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