question 25\nsandy is currently employed as a staff photographer for a newsmagazine earning $100,000 per…

question 25\nsandy is currently employed as a staff photographer for a newsmagazine earning $100,000 per year in total compensation (salary plus benefits). sandy is considering leaving the newsmagazine to work as a freelance photojournalist, which he estimates will allow him to earn $125,000 in income. sandy should\n\na) leave the newsmagazine to work as a freelancer, because $125,000 is greater than $100,000 per year\n\nb) leave the newsmagazine to work as a freelancer, as long as the benefits he would have to pay for himself cost less than $25,000 per year\n\nc) leave the newsmagazine to work as a freelancer, as long as the benefits he would have to pay for himself cost more than $25,000 per year\n\nd) stay with the newsmagazine instead of working as a freelancer because a guaranteed income of $100,000 per year is better than an estimated income of $125,000 per year\n\ne) stay with the newsmagazine because individuals cannot purchase benefits for themselves

question 25\nsandy is currently employed as a staff photographer for a newsmagazine earning $100,000 per year in total compensation (salary plus benefits). sandy is considering leaving the newsmagazine to work as a freelance photojournalist, which he estimates will allow him to earn $125,000 in income. sandy should\n\na) leave the newsmagazine to work as a freelancer, because $125,000 is greater than $100,000 per year\n\nb) leave the newsmagazine to work as a freelancer, as long as the benefits he would have to pay for himself cost less than $25,000 per year\n\nc) leave the newsmagazine to work as a freelancer, as long as the benefits he would have to pay for himself cost more than $25,000 per year\n\nd) stay with the newsmagazine instead of working as a freelancer because a guaranteed income of $100,000 per year is better than an estimated income of $125,000 per year\n\ne) stay with the newsmagazine because individuals cannot purchase benefits for themselves

Answer

Brief Explanations:

Sandy's current total compensation is $100,000 (salary + benefits). As a freelancer, he can earn $125,000 in income but will likely have to pay for his own benefits. To make a profit from freelancing, the cost of self - paid benefits should be less than the additional income he can earn ($125,000 - $100,000 = $25,000).

Answer:

B) leave the newsmagazine to work as a freelancer, as long as the benefits he would have to pay for himself cost less than $25,000 per year