(Answered) Use the cost-benefit framework along with the relevant

Economics

Use the cost-benefit framework along with the relevant concepts (e.g. benefits, costs, net-benefit, opportunity cost) to explain following questions

1. Why would someone who makes a high salary and who enjoys their job greatly rarely take a vacation?

2. How might the person in Part A's decision around taking a vacation change if they still made the same high salary but enjoyed their job less?

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Microeconomics, Economics

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