*As the skill level (and therefore earnings rate) of, say, an architect, computer specialist, or chemist increases,...
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*As the skill level (and therefore earnings rate) of, say, an architect, computer specialist, or chemist increases, what happens to his or her opportunity cost of doing other things?
How is the time spent on leisure likely to change?
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Related Book For
Microeconomics Private And Public Choice
ISBN: 9781305506893
16th Edition
Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
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