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Comprehension Check Problem 2
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{{if correct}}
You got the correct answer!
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You got the wrong answer!
{{endif}}
Revenue from each Worker
|
Ann |
Bob |
| Job 1 |
52 |
37 |
| Job 2 |
45 |
29 |
Minimum Willingness to Accept
|
Ann |
Bob |
| Job 1 |
32 |
35 |
| Job 2 |
20 |
28 |
- Since 35 is higher than or equals to both Ann and Bob's minimum willingness to accept for Job 1, both accepts wage for Job1.
- Since 22 is higher than Ann's minimum willingness to accept for Job 2, Ann accepts this wage.
- Since 22 is lower than Bob's minimum willingness to accept for Job 2, Bob rejects this wage.
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