Joe's search costs are $7 per search.He wants to buy a VCR for his wife for Christmas, and the lowest price he's found so far is $200.Joe thinks one-third of the stores charge $300 for a VCR, one-third charge $200, and one-third charge $185.Should Joe continue to search or buy a VCR at a price of $200?

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The Answer of Joe's search costs are $7 per search.He wants to buy a VCR for his wife for Christmas, and the lowest price he's found so far is $200.Joe thinks one-third of the stores charge $300 for a VCR, one-third charge $200, and one-third charge $185.Should Joe continue to search or buy a VCR at a price of $200?

Joe's Search Costs Are $7 Per Search