Final answer:
Your willingness to pay more to fly to your vacation spot on the coast rather than drive there indicates that you place a high value on your time.
Step-by-step explanation:
The fact that you are willing to pay more to fly to your vacation spot on the coast rather than incur the cost of driving there indicates that you place a high value on your time. This is because the additional cost of flying is worth it to you in order to save time that would be spent driving. The concept of opportunity cost helps to explain this decision. By choosing to fly, you are giving up the opportunity to save money by driving, but you value your time more highly. This demonstrates the trade-off between time and money in decision-making.