Which statement is TRUE?
A)Leisure is usually a normal good.
B)Leisure is usually an inferior good.
C)All other things unchanged,an increase in income will decrease the demand for leisure.
D)The demand for leisure is perfectly inelastic.

Question

Quizplus · Accepted Answer

Leisure is usually a normal good, meaning that as income increases, demand for leisure also increases. This is because people with higher incomes have more disposable income to spend on leisure activities.

Which Statement Is TRUE