Economists generally assume that workers maximize
A) their income.
B) their leisure time.
C) their utility.
D) their nonpecuniary benefits.

Question

Quizplus · Accepted Answer

Economists assume that workers maximize their utility, which is a subjective measure of satisfaction or happiness. This includes not only income but also nonpecuniary benefits such as job security, good working conditions, and opportunities for advancement, as well as leisure time.

Economists Generally Assume That Workers Maximize