Answer:
Across Town
Explanation:
Missing word <em>"Assume that Juanita takes opportunity costs and the price of the suit into considerate when she shops. Juanita will minimize the cost of the suit if she buys it from the </em><em><u> </u></em><em>"</em>
<em />
<u>Local Department Store</u>
15 min + 15 min + 30 min = 1 hour
Opportunity cost of time = 1 hour * $30 = $30
Total cost = $30 + $114 = $144
<u>Across Town</u>
30 min + 30 min + 30 min = 1.5 hours
Opportunity cost of time = 1.5 hours*$30 = $45
Total cost = $45 + $66 = $131
<u>Neighboring City</u>
6 min + 60 min + 30 min = 2.5 hours
Opportunity cost of time = 2.5 hours*$30 = $75
Total cost = $75 + $60 = $135
Assume that Juanita takes opportunity costs and the price of the suit into considerate when she shops. Juanita will minimize the cost of the suit if she buys it from the <u>Across Town</u>.