When the benefit of another hour of work is greater than the opportunity cost,we would expect the worker to work:

Question

Quizplus · Accepted Answer

If the benefit of working an additional hour is greater than the opportunity cost (which is the value of the next best alternative forgone), then the worker will choose to work another hour as it yields a net gain in value. Therefore, the worker will choose to work an additional hour.

When the Benefit of Another Hour of Work Is Greater