The consumer's work-leisure choice problem focuses on how a consumer's work-leisure decision is affected by the consumer's
A) preferences and productivity.
B) productivity and psychology.
C) psychology and preferences.
D) preferences and constraints.

Question

Quizplus · Accepted Answer

The consumer's work-leisure choice problem involves considering both the consumer's preferences (such as their desire for leisure time) and their constraints (such as their income and the opportunities available for work and leisure). While productivity and psychology may also play a role in the decision, they are not the main factors that determine the consumer's choice. Therefore, the best answer is D, preferences and constraints.

The Consumer's Work-Leisure Choice Problem Focuses on How a Consumer's