Suppose that Juanita is deciding whether or not to buy a pair of sneakers that she has been researching online, and also the best place to make her purchase. Three different stores in the area sell the sneakers she likes, but some stores are more convenient for Juanita to reach than others. One option Marked-up price price is her local shoe store located only 15 minutes away from where she works, where they charge a marked-up price of $110 for the sneakers: Juanita's office Original price Travel Time Each Way Price of a Sneakers Store (Minutes) (Dollars per sneakers) Local Shoe Store 15 110 Different Neighborhood in Town 30 103 Rural Outlet 60 BZ Juanita earns an hourly wage of $34 at her job. In order to purchase her sneakers she will have to take time off work, so each hour away from her job s her s34 in lost income. Assume that Juanita's travel time is the same each way (to and from the store) and that it will take her 30 minutes once store to complete her shopping. Assume throughout the question that Juanita incurs no additional costs other than the sneakers, such Cornpiece the row Following table by computing the opportunity cost of Juanita's time and the total cost of shopping at each location. Opportunity Cost of Time Price of a Sneakers Total Cost (Dollars) Store (Dollars) (Dollars per sneakers) Local Shoe Store Different Neighborhood in Town 103 ED Rural Outlet