You have recently earned an hourly pay raise. As your wages increase, the opportunity cost of going to the beach rather than working

Name: You have recently earned an hourly pay raise. As your wages increase, the opportunity cost of going to the beach rather than working
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Question

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When your hourly pay increases, the opportunity cost of leisure activities like going to the beach instead of working also increases, because you are giving up more income by choosing not to work.

You Have Recently Earned an Hourly Pay Raise