On a standard income-leisure diagram,Sara has steeper indifference curves than John.This likely reflects the fact that:

Question

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Steeper indifference curves imply a higher marginal rate of substitution (MRS). This means that Sara is willing to give up more income for an additional hour of leisure compared to John. Therefore, Sara values leisure more highly compared to income than John does. Option A is not correct as Sara likes leisure and not dislikes it. Option B is not correct as Sara has steeper indifference curves, indicating that she values income less compared to leisure, which is opposite to what is stated in option B. Option D is not correct as it is the opposite of the correct answer.

On a Standard Income-Leisure Diagram,Sara Has Steeper Indifference Curves Than