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The Basic Premise Behind Worker Trade-Offs in a Market Economy

Question 25

Multiple Choice

The basic premise behind worker trade-offs in a market economy is that:


A) firms decide how much workers must work and workers decide how much leisure to have.
B) workers don't decide how much leisure to have. The amount of leisure depends on the number of hours they must work, which is determined by the firm.
C) workers decide how to allocate their time between work and leisure.
D) the trade-off between work and leisure is determined by factors other than what workers or firms would determine to be optimal.

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