If Leisure Is a Normal Good,then a Decrease in Income

question 65

Multiple Choice

If leisure is a normal good,then a decrease in income _____ the time allocated to _____.

• A)decreases; market work
• B)decreases; leisure
• C)decreases; nonmarket work and market work
• D)increases; leisure
• E)increases; market work, nonmarket work, and leisure

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Definitions:

Codominance

Effect in which the full and separate phenotypic effects of two alleles are apparent in heterozygous individuals.

Heterozygous

Genetic condition of having two different alleles at a locus on a chromosome.

Hybrid

A heterozygous individual.

Purebred

An animal bred from parents of the same breed or variety, showing traits and characteristics consistent with the breed's standard.