{{ block title }}
Comprehension Check Problem 1
{{ endblock }}
{{ block content }}
{{if correct}}
You got the correct answer!
{{else if}}
You got the wrong answer!
{{endif}}
Revenue from each Worker
| Ann |
Bob |
| 55 |
37 |
Minimum Willingness to Accept
| Ann |
Bob |
| 8 |
20 |
- Since 15 is higher than Ann's minimum willingness to accept, Ann accepts this wage.
- Since 15 is lower than Bob's minimum willingness to accept, Bob rejects this wage.
- Thus, your revenue is 0.5 x (55-15) + 0 = 20.
{{ next_button }}
{{ endblock }}