A Worker Will Become Indifferent Between Spending the Next Hour

question 52

Multiple Choice

A worker will become indifferent between spending the next hour on work or leisure if the benefit of another hour of work is:

• A) greater than the opportunity cost.
• B) exactly equal to the opportunity cost.
• C) less than the opportunity cost.
• D) constant for each additional hour worked.

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Definitions:

Ethnic Groups

Groups of people who share a common culture, language, ancestry, or other social characteristics.

White

Pertains to a racial classification and social identity typically associated with people of European descent.

Genocide

The calculated and methodical elimination of a community distinguished by its national, racial, political or cultural distinctions.

Tutsi Minority

An ethnic group that forms a minority of the population in Rwanda and Burundi, historically playing a significant role in the social and political dynamics of these countries.