Which of the following is a reason why workers typically require higher wages in order to work additional hours?

Question

Quizplus · Accepted Answer

The diminishing marginal utility of additional income is a reason why workers typically require higher wages to work additional hours. As workers earn more, the additional satisfaction (utility) they get from each extra dollar decreases, so they need higher wages to compensate for the loss of leisure time or to make the extra work hours worth their while.

Which of the Following Is a Reason Why Workers Typically