Compared to a high-wage worker,a low-wage worker will tend to:
A)pursue more goods-intensive activities
B)pursue more time-intensive activities
C)pursue fewer time-intensive activities
D)sacrifice time-intensive activities in favor of goods-intensive activities

Question

Quizplus · Accepted Answer

Low-wage workers have less disposable income, so they are more likely to prioritize time-intensive activities over goods or services that require a higher income. They may spend more time cooking at home, using public transportation, or engaging in free leisure activities. This can be seen as trading time for money, whereas high-wage workers can trade money for more leisure time or luxurious goods and services.

Compared to a High-Wage Worker,a Low-Wage Worker Will Tend To