All other things unchanged, an increase in income will increase the demand for leisure.

Name: All other things unchanged, an increase in income will increase the demand for leisure.
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Question

Quizplus · Accepted Answer

An increase in income generally allows individuals more flexibility in how they spend their time, often leading to an increased demand for leisure as people can afford to work less and enjoy more free time.

All Other Things Unchanged, an Increase in Income Will Increase