If a Firm Offers to Pay a Worker $10 for Each

Multiple Choice

If a firm offers to pay a worker $10 for each hour of leisure the worker gives up,the $10 implies the:

A) marginal rate of substitution between leisure and income.
B) market rate of substitution between leisure and income.
C) market rate of transformation between leisure and income.
D) marginal rate of transformation between leisure and income.