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Economic questionsNatasha should quit her job if the entrepreneurial mind she had will give her more income than her current salary. If she takes on the idea on homemade soap, she has an expected return of $70,000 which is higher than her current salary of $50,000 by $20,000. On the other hand, if she decides to take on the cable ideas business she has an expected return of $25,000 against her current income of $50,000, which represents half her current salary cut away. In order to make the decision of whether she should quit her job, the expected income value should be determined. Given the expected returns for either decision, the expected income value after she quits will be 70+25 / 2 which amounts to $47, 500 annual income. S9nce this is lower compared with her current income, she shou...
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