As we work fewer hours and our leisure time increases,the opportunity cost of labor
A)Falls and the marginal utility of income falls.
B)Rises and the marginal utility of income falls.
C)Falls and the marginal utility of income rises.
D)Rises and the marginal utility of income rises.

Question

Quizplus · Accepted Answer

The Answer of As we work fewer hours and our leisure time increases,the opportunity cost of labor
A)Falls and the marginal utility of income falls.
B)Rises and the marginal utility of income falls.
C)Falls and the marginal utility of income rises.
D)Rises and the marginal utility of income rises.

As We Work Fewer Hours and Our Leisure Time Increases,the