Because each hour of work is better paid today, each hour of leisure is more expensive.

Name: Because each hour of work is better paid today, each hour of leisure is more expensive.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

If each hour of work is better paid today, it means that the opportunity cost of leisure has increased. This makes each hour of leisure more expensive in terms of foregone income that could have been earned by working during that time.

Because Each Hour of Work Is Better Paid Today, Each