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Fuppose that Ciana as deciding whiether er not to buy of boots thot sbe has-been researching omline, and als. best placf to makn her purchase.

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Fuppose that Ciana as deciding whiether er not to buy of boots thot sbe has-been researching omline, and als. best placf to makn her purchase. Thrice different steri the areit sell the boots the likers, hut some stores aminiur convenierit for ciana to teach that others. One optinm niluil local shoe stare located ocly 15 manutes tway from wh cir she works, where they charge a marked up price i/ 4 hid for the boors Ciana earns an hourly wage of 326 at her job. In order to parchase her boots she wil have to take tome off work, so each hout away from her job costs her 526 in lost income. Assume that Bana's travel time is the same each way (to and from the store) and that it will take ber 30 minutes ance. Ciana earns an hourly wage of 526 at her job. In order to purchase her boota 9 he wilf have to take time off work, so each hour away from her job costs her 326 in lost income. Assume that Ciana's travel time is the same each wil (wo atid from the store) and that it will take her 30 minutes onceshe reaches a store to complete her shopping. Assume throughout the qutytion that Grana incurs. no additional costs other than the boots, such as 9as. Complete the following table by computing the opportunity cost on chunay time and the total cost of shopping at each focotion. Assume that Ciana considers both her opportunity costs and the price of boots when making her shopping decision. Ciana-will minienize her cost of buying the boots if she shops at the

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