A _____ wage will _____ the _____ leisure.

A) lower;increase;opportunity cost of
B) higher;always decrease;amount of time spent on
C) higher;increase;opportunity cost of
D) lower;not affect;amount of time spent on

Opportunity Cost

The value of the next best alternative foregone as the result of making a decision, representing the benefits an individual, investor, or business misses out on when choosing one alternative over another.

Leisure

Leisure refers to the time spent away from work, business, or compulsory activities, allowing for rest, recreation, or personal interests and activities.

Higher Wage

A wage level that is above the average or norm, often reflective of high skill levels, demand for specific labor, or union negotiations.