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    Microeconomics Study Set 21
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    Exam 19: Factor Markets and the Distribution of Income
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    The Price of an Extra Hour of Leisure Is
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The Price of an Extra Hour of Leisure Is

Question 61

Question 61

Multiple Choice

The price of an extra hour of leisure is:


A) $1.
B) the hourly wage rate.
C) the same as the price of money.
D) the total utility of labour.

Correct Answer:

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