Consider the following hypothetical scenarios: Scenario A: You are about to purchase a pair of 7 for All Mankind jeans for $175 and a t-shirt for $45. The sales attendant at the store tells you that the pair of jeans you wish to buy is on sale for $160 at another store, located about a 20-minute drive away. Scenario B: You are about to purchase a pair of 7 for All Mankind jeans for $175 and a t-shirt for $45. The sales attendant at the store tells you that the t-shirt you wish to buy is on sale for $30 at another store, located about a 20-minute drive away. Based on standard economic theory, under which scenario would you make the 20-minute trip to the other store? in either scenario if I think a $15 savings is worth the 20-minute trip and in none of these scenarios if I think the $15 saving is not worth the 20-minute trip are correct answers. O in either scenario if I think a $15 savings is worth the 20-minute trip O in none of these scenarios if I think the $15 saving is not worth the 20-minute trip O Scenario A because the pair of jeans is a very expensive item and $15 saving is quite substantial O Scenario B because a $15 saving amounts to a substantial discount (about 33 percent)Question 19 A firm's expansion path O shows the targeted growth rate in sales over the long run. O is a curve that shows a firm's cost-minimizing combination of inputs for every level of output, holding input prices constant. O is the same thing as its long-run average cost curve, O is a curve that shows expected profits at various price levels