You have a part time job that pays $8 per hour. Your manager has asked you to work 4 extra hours on Friday night, but you already have plans for dinner and a movie with a friend on Friday night. Under what conditions will you choose to work on Friday night? Consider the economic way of thinking in answering this question; also assume that you are rational (even if you do not think you are rational) and can afford dinner and a movie.

Question

Social Studies

Carleigh Gill

23 April, 02:40

You have a part time job that pays $8 per hour. Your manager has asked you to work 4 extra hours on Friday night, but you already have plans for dinner and a movie with a friend on Friday night. Under what conditions will you choose to work on Friday night? Consider the economic way of thinking in answering this question; also assume that you are rational (even if you do not think you are rational) and can afford dinner and a movie.

+3

Answers (1)

Know the Answer?

Levi Ho · Answer 1

Answer:since this is a part time job this means that I will not be making enough cash hence an extra cash can assist me in lot of things.

Explanation:In a need of an extra cash I will take the extra time and postpone the dinner or I can still cash up in time after work and by then I will have enough cash for the dinner and the movie.

If I go to the movie when I am already not making much money I will be wasting the little money that I have however if I stay and take the extra work I will be adding to the little money that I have which is a way better option to improve my financial situation.