Sadiq attends classes at the college and works at a CIBC bank. During exams, he cuts back on his work hours even though his wage remains the same. The explanation is that

Question

Quizplus · Accepted Answer

During exams, Sadiq's time becomes more valuable, as there is a higher opportunity cost of his time spent on work instead of studying. This is because the benefits he can receive from studying (i.e. good grades, better future job opportunities) are higher than the benefits he can receive from working extra hours during this period. Therefore, he cuts back on his work hours to allocate more time for studying.

Sadiq Attends Classes at the College and Works at a CIBC