Janet needs to buy textbook that costs $271. She has a coupon for $5 off at the bookstore, but she can save 2 hours if she orders the items on Amazon instead. O It does not matter which choice she makes since $5 is not a big savings for an expensive textbook. O It is better to use the coupon because then she will have extra money to spend on other items. O It is better to order online since saving $5 is not worth two hours. O It depends on the opportunity cost of her time and she should only use the coupon if two hours is worth less than $5 to her.
Janet needs to buy textbook that costs $271. She has a coupon for $5 off at the bookstore, but she can save 2 hours if she orders the items on Amazon instead. O It does not matter which choice she makes since $5 is not a big savings for an expensive textbook. O It is better to use the coupon because then she will have extra money to spend on other items. O It is better to order online since saving $5 is not worth two hours. O It depends on the opportunity cost of her time and she should only use the coupon if two hours is worth less than $5 to her.
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter3: Your Role As A Consumer
Section3.1: Consumption, Income, And Decision Making
Problem 2R
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