Question

Suppose it costs $52,000 per year to live in City A. It costs $90,000 to live in City B. If you are offered $69,000 to work and live in City A and you are offered $110,000 to work and live in City B, which offer is better in terms of purchasing power?

Answer 1

`\bf \large City \: A \: = (69000)/(52000) => 1.33`

`\bf \large City \: B = (110000)/(90000) => 1.22`

`\large\implies \bf1.33 > 1.22`

So, City A is better.