Air travel from New York to Los Angeles costs $800 and takes 4 hours. A bus ticket between the cities costs $100 and takes 104 hours. Other things constant, the minimum value of one's time that would induce a rational individual to fly rather than drive would be: (A)
A. just over $7 per hour
B. anything greater than $0 per hour
C just over $700 per hour.
D. just over $100 per hour
E. just over $10 per hour
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