The marginal cost of a vacation in Jamaica is $3,500 . The marginal benefit to Jordan of a vacation in Jamaica is $3,000.
a. According to the rule of rational choice, Jordan should choose not to vacation in Jamaica at this time
b. According to the rule of rational choice, Jordan will experience a net gain of $500 if he vacations in Jamaica.
c. According to the rule of rational choice, Jordan should borrow $500 and vacation in Jamaica.
d. According to the rule of rational choice, Jordan will experience a net gain of $3,000 if he vacations in Jamaica.
a
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