Maurice can drive or fly from Jacksonville, Florida to Atlanda, Georgia, for a one-day business trip. If he drives, he will be able to work three hours once he arrives in Atlanta, whereas traveling by plane will enable him to work eight hours. His expected income from each hour of work in Atlanta is $30. If Maurice is a rational decision maker, he will fly if and only if the price differential (air cost minus driving cost) is less than

Question

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Maurice will fly if the additional income from flying (5 extra hours of work at $30/hour, totaling $150) is greater than the additional cost of flying compared to driving. Thus, the price differential should be less than $150.

Maurice Can Drive or Fly from Jacksonville, Florida to Atlanda