‘Economics’ Archive

The Mental Health Benefits of Leisure Travel March 23, 2009 No Comments

Audrey Daniels asked:  For the economically disadvantaged community on both kids and adults alike, the mental health benefits of leisure travel presents vast significant and social improvement in their mental health outlook. Leisure travel brings about greater personal impact for the individual versus the person who has not traveled. Being able to get away and [...]

What happens to a worker’s leisure-consumption decision in this situation? March 6, 2009 1 Comment

EconHelp!!! asked: A worker who originally doesn’t have access to a free gym membership, purchases his own gym membership in a market at a cost of $30 a week. The worker has a wage rate of $10/hour and has a non-labor income of $100. The total time in the worker’s week to be [...]