Business, 23.01.2020 12:31 Dweath50

Lydia is a senior in high school. she works 20 hours a week at a popular clothing store. she is trying to save as much
money as possible for her college tuition. however, she has to buy a dress for prom, pay her car insurance, and get a
birthday gift for her sister. this week she received a $400 paycheck. she wants to deposit the entire check in her savings
account for her college tuition, but she stops herself. she decides instead to put $100 in the bank, spend $200 for her
prom dress, pay $80 for her car insurance, and buy her little sister a $20 birthday gift. while shopping, she sees a doll
worth $21, which she thinks her sister will absolutely love. as a result, she decided to buy the more expensive doll and
spend less on her dress.

what is lydia's scarce resource?

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Lydia is a senior in high school. she works 20 hours a week at a popular clothing store. she is tryi...

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