Do you have a special case for someone who already has a job and is searching for a better paying one? That person’s opportunity cost would not be
(future pay per week x number of additional weeks spent searching)
but
((future pay per week—current pay per week) x number of additional weeks spent searching)
Getting a new job takes a lot of time, so I don’t usually take on clients in this position. It’d also be hard for me to justify spending time on a client like this given that unemployed people would gain more from my service.
Does that make sense?
Do you have a special case for someone who already has a job and is searching for a better paying one? That person’s opportunity cost would not be
(future pay per week x number of additional weeks spent searching)
but
((future pay per week—current pay per week) x number of additional weeks spent searching)
Getting a new job takes a lot of time, so I don’t usually take on clients in this position. It’d also be hard for me to justify spending time on a client like this given that unemployed people would gain more from my service.
Does that make sense?