Juanita makes $42 an hour at work. She has to take time off work to purchase her skirt, so each hour away from work costs her $42 in lost income. Assume that returning to work takes Juanita the same amount of time as getting to a store and that it takes her 30 minutes to shop. As you answer the following questions, ignore the cost of gasoline and depreciation of her car when traveling.

StoreTravel Time Each Way

Price of a Skirt

Local Department Store 15 mins $102

Across Town 30 mins $85

Neighboring City. 60 mins $76

What is the Opportunity Cost of Time and the Total cost for each?

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 .(Which one store across town, store in neighboring city or local department store