Friday
April 18, 2014

Homework Help: Economics(Please check, thank you)

Posted by Hannah on Friday, April 19, 2013 at 4:10pm.

Is leisure time considered an inferior good when the substitution effect dominates?

I think that the answer is yes because if you are willing to work more hours in order to make more money than you do not value leisure time that much.

Is this correct? Thank you!

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Economics - Would leisure time considered an inferior good when the substitution...
Microeconomics - Is leisure time considered an inferior good when the ...
home economics - Wha is leisure?give 5 implications of leisure
anatomy - where are the shoulders relative to these parts? 1. throat (inferior) ...
math, HELP ME PLEASE!! - T determine what people like to do in their leisure ...
Please look! Econ. question - Suppose the preferences of the individual change ...
Economics - PPF - Points on the graph: A(4,140) B(12,120) C(8,100) D(14,80) E(8,...
economics - Read the Case Exercise Cost Analysis (pp. 327-328 of the Textbook...
prob. statistics - a survey indicates that 41% of women in the us consider ...
algebra - To determine what people like to do in their leisure time, the ...

Search
Members