A _______ wage will _______ the _______ leisure.
A) lower; increase; price of
B) higher; necessarily decrease; amount of time spent on
C) higher; increase; price of
D) lower; not affect; amount of time spent on

Question

Quizplus · Accepted Answer

A higher wage increases the opportunity cost of leisure, effectively raising its "price," as individuals forego more income when choosing leisure over work.

A _______ Wage Will _______ the _______ Leisure

A ___ Wage Will _ the _____ Leisure