If leisure is a normal good:
A)then the supply of leisure is downward sloping.
B)then the supply of labour might be downward sloping.
C)then the demand for leisure is upward sloping.
D)then the demand for labour is upward sloping.

Question

Quizplus · Accepted Answer

When leisure is considered a normal good, it means that as individuals' income increases, they demand more leisure time. This can lead to a situation where the supply of labor (which is the opposite of leisure time) might decrease, as individuals choose to work less and enjoy more leisure time, potentially leading to a downward sloping supply curve for labor.

If Leisure Is a Normal Good