Juanita makes 42 an hour at work she has to take time off


Travel Time Each WayPrice of a Skirt
(Minutes)(Dollars per skirt)
Local Department Store 15 102
Across Town 30 85
Neighboring City 60 76

Juanita makes $42 an hour at work. She has to take time off work to purchase her skirt, so each hour away from work costs her $42 in lost income. Assume that returning to work takes Juanita the same amount of time as getting to a store and that it takes her 30 minutes to shop. As you answer the following questions, ignore the cost of gasoline and depreciation of her car when traveling.

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Econometrics: Juanita makes 42 an hour at work she has to take time off
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