Semester 2 Section 1 Income-leisure trade off The income trade off model is a simple model used to ‘explore the dilemma faced by individuals between working to earn income and consuming time as leisure’ (Downward P, Dawson A, and Dejonghe T, 2008). Individuals choose the leisure and work combination that best matches their preferences between satisfaction derived from goods bought through income and that generated by the availability of non-work time (Blyton, P, Hassard, J, Hill, S, &…
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