2023 Store Opportunity Cost of Time Price of a Skirt Total Cost Dollars Dollars per skirt Dollars Local Department Store | Assignments Online

2023 Store Opportunity Cost of Time Price of a Skirt Total Cost Dollars Dollars per skirt Dollars Local Department Store | Assignments Online

Assignments Online 2023 Business Finance

Store	Opportunity Cost of Time	Price of a Skirt	Total Cost
	(Dollars)	(Dollars per skirt)	(Dollars)
Local Department Store	[removed]	103	[removed]
Across Town	[removed]	85	[removed]
Neighboring City	[removed]	63	[removed]

Points:

 

 

 

 

Close Explanation

Explanation:

 

Assume that Juanita takes opportunity costs and the price of the skirt into consideration when she shops. Juanita will minimize the cost of the skirt if she buys it from the selector 1   

 

• store in the neighboring city
• local department store
• store across town

.

 

 

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