Scenario 11-1 Becky Is a Single Mother of Two Young Children Who

Multiple Choice

Scenario 11-1
Becky is a single mother of two young children who spend their days at a daycare center while Becky goes to work. The daycare center closes at 5:30. If parents do not pick up their children at or before 5:30, the daycare center charges a late fee of $5 per child for every 10 minutes the parent is late.
-Refer to Scenario 11-1. Due to traffic, Becky expects to be 20 minutes late to pick up her children. How much would she be willing to pay for a variable toll road that would get her to the daycare center on time?

A) any price less than $5
B) any price less than $10
C) any price less than $20
D) Becky would not be willing to pay out of pocket to avoid traffid.