The time allocation budget line shows an individual's _____ and the income that allows consumption of marketed goods.
A) preferences for leisure
B) trade-offs between the consumption of leisure
C) labor supply for the consumption of leisure
D) indifference between the consumption of leisure

Question

Quizplus · Accepted Answer

The time allocation budget line illustrates the trade-offs between leisure and work, showing how time can be allocated between labor (earning income) and leisure (non-working time).

The Time Allocation Budget Line Shows an Individual's _____ and the Income