If Leisure Is a Normal Good, as the Price of Leisure

question 82

Multiple Choice

If leisure is a normal good, as the price of leisure increases the quantity of leisure demanded ________ and the demand for leisure ________.

• A) falls; increases
• B) falls; is not affected
• C) remains the same; decreases
• D) increases; is not affected

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Definitions:

Cohabiting Couples

Couples who live together in a long-term relationship without being legally married.

Psychological Well-being

Refers to an individual's overall emotional health and happiness, including aspects such as self-acceptance, personal growth, purpose in life, and quality of relationships.

Marriage

A recognized union under law and society between people that creates duties and privileges among them and their relatives.

Second Marriages

Marital unions that occur after one or both partners have been married previously.