Grace and Will are moving to LA at the same time and both wish to find apartments to rent. Grace is staying with her aunt for free while Will is paying to stay at a motel. If their search costs are otherwise identical, one can predict that:
A)Grace and Will will spend the same number of days searching.
B)Will will spend more days searching than Grace.
C)Grace will spend more days searching than Will.
D)Will will have better information.

Question

Quizplus · Accepted Answer

Will will spend fewer days searching because the cost to him of searching is higher because he has to pay for a motel while Grace does not.

Grace and Will Are Moving to LA at the Same