Suppose Alyssa is willing to drive across town to save 50 percent on a soccer ball with a list price of $40. If Alyssa is rational, this implies that she should:
A)not be willing to drive across town to save 50 percent on a skateboard with a list price of $100.
B)be willing to drive across town to save 50 percent on a book with a list price of $20.
C)be willing to drive across town to save 5 percent on a bike with a list price of $400.
D)not be willing to drive across town to save $20 on a shirt with a list price of $60.

Question

Quizplus · Accepted Answer

If Alyssa is willing to drive across town to save 50 percent on a soccer ball that costs $100, this implies that she should be willing to drive across town whenever her savings from doing so is at least $20. Thus, she should be willing to drive across town to save 5 percent on a bike that costs $400.

Suppose Alyssa Is Willing to Drive Across Town to Save