Estimate precise tradeoffs


In a tradeoff between two decision criteria such as ease of commuting and attractiveness of job, can you use money as a common denominator to estimate precise tradeoffs? State your reasons. Illustrate using the following tradeoff matrix. What sort of salary differences would it take for commute time to trump job attractiveness?

Decision Criteria Monetary Issues Other Issues
Commute Time _____ ______
Job Attractiveness _____ ______

 

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Finance Basics: Estimate precise tradeoffs
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