Problem
Nick and Jane are married. They currently reside in Minnesota. Nick's present value of lifetime earnings in his current employment is $300,000, and Jane's present value is $200,000. They are contemplating moving to Texas, where each of them would earn a lifetime income of $260,000. The couple's cost of moving is $ 10,000. In addition, Nick very much prefers the climate in Texas to that in Minnesota, and he figures that the change in climate is worth an additional $2,000 to him. Jane, on the other hand, prefers Minnesota's frigid winters, so she figures she would be $2,000 worse off because of Texas's blistering summers. Should they move to Texas?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.