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Microeconomics 15th Edition by James Gwartney,Richard Stroup,Russell Sobel,David Macpherson
Edition 15ISBN: 978-1285453569Microeconomics 15th Edition by James Gwartney,Richard Stroup,Russell Sobel,David Macpherson
Edition 15ISBN: 978-1285453569 Exercise 3
*A bus ticket between two cities costs $150 and the trip will take 25 hours, whereas an airplane ticket costs $450 and takes five hours. Kathy values her time at $12 per hour, and Rachel values her time at $18 per hour. Will Kathy take the bus or the plane Which will Rachel take Explain.
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Microeconomics 15th Edition by James Gwartney,Richard Stroup,Russell Sobel,David Macpherson
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