What is the lowest salary in state a that you will accept

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Question - Suppose that the annual cost of living is different in three states A, B, and C, and suppose that the unit ratio for the average cost of living for A to B is 1.13, for B to A is 0.89, for C to A is 0.75, for A to C is 1.33, for B to C is 1.18, and for C to B is 0.85.

Suppose you are earning a salary of $43,000 per year in State C. Your employer asks to transfer you to a State A office (you may decline without losing your job). What is the lowest salary in State A that you will accept?

Reference no: EM133092709

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