Local Dept store opportunity cost of time _________Across town opportunity cost of time_________Neighboring city opportunity cost of time _________Local dept store cost of dress $129Across town cost of dress $86Neighboring city cost of dress$63Total cost of each one =

Module One Quiz 3, Determining opportunity cost Judy Tools Juanita is deciding whether to buy a dress that she wants, as well as where to buy it. Three stores carry the same dress, but it is more convenient for Juanita to get to some stores than others. For example, she can go to her local store, located 15 minutes away from where she works, and pay s Marked-up marked-up price of $129 for the dress: Original price Travel Time Each Way Price of a Dress Store (Minutes) (Dollars per dress) Local Department Store 15 129 Across Town 30 Neighboring City 60 63 Juanita makes $50 an hour at work. She has to take time off work to purchase her dress, so each hour away from work costs her $50 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