Caitlin has finished her schooling and training to be a dental hygienist. She has two job offers that she is considering. Caitlin’s Job Offer Comparison Job 1: Albuquerque, NM Job 2: Ann-Arbor, MI Salary $54,000 $61,000 Benefits $2,500 bonuses, health insurance, 401K Health insurance, 401K Average Monthly Rent & Utilities $925 $1,300 Which job would offer the best annual income considering the cost of living in each locale? Job 2 is a better choice because the annual income after rent and utilities is $59,700 but that of job 1 is $55,575. Job 2 is a better choice because the annual income after rent and utilities is $45,400 but the income for job 1 is $41,900. Job 1 is a better choice because it costs $4,500 less per year to live there. The jobs have equal annual incomes of $45,400 after rent and utilities so Caitlin should take the job in her favorite locale.

Sri lanka is one of the major tea producing nations in the world. a substantial portion of the country's annual tea production gets exported to various countries, including the united arab emirates, russia, and other countries in the middle east. given the success in these countries, sri lanka decided to foray into the asian market. research evidence indicated that people in myanmar are major consumers of tea and that there is a high demand for tea in that country. this convinced industry experts in sri lanka that exporting to myanmar was a good idea. even though sri lankan tea was priced competitively, sales in myanmar turned out to be far lower than expected. which of the following, if true, could explain this outcome? a. myanmar exported a substantial amount of its annual tea production that year. b. the tea exported from sri lanka is of the highest quality. c. the myanmar government hiked the minimum wage for labor. d. people in myanmar are willing to pay more for their domestic tea brands than for foreign brands. e. sri lankan tea exports to other asian countries like india and china have also not been very successful.