In Introducing the Opportunity Cost of Time into the Theory

Multiple Choice

In introducing the opportunity cost of time into the theory of consumer behavior, we find that, all else equal,

A) one should consume less of time-intensive goods.
B) one should consume more of time-intensive goods.
C) the consumer's equilibrium position is not altered.
D) the marginal utility derived from each product must be multiplied by consumption time in determining equilibrium.