(Solved): \table[[Store,\table[[Travel Time Each Way],[(In minutes)]],\table[[Price of Jeans],[(In dollars)]]] ...

\table[[Store,\table[[Travel Time Each Way],[(In minutes)]],\table[[Price of Jeans],[(In dollars)]]],[Local Store,15,114],[Different Neighborhood in Town,30,101],[Rural Outlet,60,90]] Dmitri earns an hourly wage of

at his job. In order to purchase his jeans he will have to take time off work, so each hour away from his job costs his

in lost income. Assume that Dmitri's travel time is the same each way (to and from the store) and that it will take his 30 minutes once he reaches a store to complete his shopping. Assume throughout the question that Dmitri incurs no additional costs other than the jeans, such as gas. Complete the following table by computing the opportunity cost of Dmitri's time and the total cost of shopping at each location. \table[[Store,\table[[Opportunity Cost of Time],[(In dollars)]],\table[[Price of Jeans],[(In dollars)]],\table[[Total Cost],[(In dollars)]]],[Local Store,,114,],[Different Neighborhood in Town,,101,],[Rural Outlet,,90,]]