As more hours are worked, the marginal utility of leisure time tends to

A. Decrease.
B. Stay the same.
C. Increase.
D. Decrease initially, but then increase.

Answer: C

Economics

You might also like to view...

Funds are channeled from savers to borrowers directly through ________ and indirectly through ________

A) financial markets; financial intermediaries B) financial intermediaries; financial markets C) main banks; branches D) brokers;' agents

Economics

One indication that an industry might be oligopolistic is that prices change

a. infrequently. b. frequently. c. in rhythmic patterns. d. on a regular, periodic basis.

Economics