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-(Table: Trade-off of Study Time and Leisure Time)Use Table: Trade-off of Study Time and Leisure Time.A student sleeps 8 hours per day and divides the remaining time between study time and leisure time.The table shows the combinations of study and leisure time that can be produced in the 16 waking hours of each day.Suppose the student completes a speed-reading course that allows him to do the same amount of studying in half as many hours.His opportunity cost:
A)of leisure has increased.
B)of studying has increased.
C)of leisure has decreased.
D)has not changed.

Question

Use the following to answer question:

-(Table: Trade-off of Study Time and Leisure Time)Use Table: Trade-off of Study Time and Leisure Time.A student sleeps 8 hours per day and divides the remaining time between study time and leisure time.The table shows the combinations of study and leisure time that can be produced in the 16 waking hours of each day.Suppose the student completes a speed-reading course that allows him to do the same amount of studying in half as many hours.His opportunity cost:
A)of leisure has increased. 
B)of studying has increased. 
C)of leisure has decreased. 
D)has not changed.

Quizplus · Accepted Answer

The speed-reading course allows the student to study more efficiently, meaning he can achieve the same study outcomes in less time. This effectively increases the opportunity cost of leisure because the student can now allocate more time to leisure without sacrificing study outcomes, making leisure relatively more costly in terms of foregone study time.

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