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Consider a consumer who is searching for the lowest price for good X . The consumer knows that 7 5 percent of the time she
Consider a consumer who is searching for the lowest price for good X The consumer knows that percent of the time she will find a store charging $ and percent of the times she will find a store charging seven dollars. The consumer will search again if her marginal cost of searching is constant and is: 
Consider a consumer who is searching for the lowest price for good X The consumer knows that percent of the time she will find a store charging $ and percent of the times she will find a store charging seven dollars. The consumer will search again if her marginal cost of searching is constant and is:
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