Use the Following Information to Answer the Question(s)below

question 107

Multiple Choice

Use the following information to answer the question(s) below.
Suppose that you have received two job offers.Rearden Metal offers you a contract for $75,000 per year for the next two years while Wyatt Oil offers you a contract for $90,000 per year for the next two years.Both jobs are equivalent.Suppose that Rearden Metal's contract is certain,but Wyatt Oil has a 60% chance of going bankrupt at the end of the year.In the event that Wyatt Oil files for bankruptcy,it will cancel your contract and pay you the lowest amount possible for you to not quit.If you do quit,you expect you could find a new job paying $75,000 per year,but you would be unemployed for four months while searching for this new job.
-If you take the job with Wyatt Oil,then,in the event of bankruptcy,the least amount that Wyatt Oil would pay you next year is closest to:

• A)$45,000.
• B)$50,000.
• C)$54,000.
• D)$75,000.

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Definitions:

Passive Voice

A grammatical voice where the subject of the sentence is acted upon by the verb, often used to create a sense of mystery or to depersonalize the subject.

Business Jargon

Specialized terminology or expressions commonly used in the business environment, often for quick communication of complex ideas.

Cross-cultural Communication Barriers

Obstacles in effective communication that arise from differences in cultural backgrounds, leading to misunderstandings or conflicts.

Race or Ethnicity

Socially defined categories of identity based on physical characteristics, ancestry, culture, or national affiliation.