What is jays optimal choice

Assignment Help Management Theories

Reference no: EM133677294

Question: Jay can either stay at home to care for his elderly mother and collect $1,200 a month in public assistance. Alternatively, he can go to work part-time and earn $2,000 a month and lose all his public benefits. However, he will also have to pay a home care aid $800 a month for the times he is at work. What is Jay's optimal choice - to work or stay home?

Reference no: EM133677294

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