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bananas87 bananas87
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A year ago
Maria has to choose between driving and taking a train to destination A. Traveling by train will cost her $400 and will take 4 hours. Driving to destination A takes 6 hours, and the required amount of gasoline costs $250. Her opportunity cost of time is $15 per hour.


Refer to the scenario above. Maria should choose to ________.

▸ travel by train, as it will save her $30 in travel time

▸ travel by train, because it is quicker

▸ drive, as it will give her a real saving of $150

▸ drive, as it will save her $120
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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moraamoraa
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A year ago
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bananas87 Author
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A year ago
This site is awesome
Ctownsend
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Thanks
momochiime
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Smart ... Thanks!
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