Ignore the cost of gasoline and depreciation of her car

Reference no: EM131218630

Travel Time Each Way	Price 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.

Reference no: EM131218630

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