when nigotiating for more pocket mony with his father, alan is given a choice: either an increase of 30% this year followed by s 20% increase next year, or an increase of 20% this year followed by a 30% increase next year. which would alan choose and why?
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The offers will result in a same amount after the next year. But he will receive 10% more money in the 1st offer than second for this year.
So, the 1st offer is preferred.
So, the 1st offer is preferred.
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