If Your Wage Increases from $10 Per Hour to $15

Multiple Choice

If your wage increases from $10 per hour to $15 per hour, then your

A) opportunity cost of an hour of leisure decreases by $5 per hour.
B) opportunity cost of an hour of leisure increases by $5 per hour.
C) out-of-pocket cost of an hour of leisure decreases by $5 per hour.
D) out-of-pocket cost of an hour of leisure increases by $5 per hour.