... force experience, so consequently a given level of skills. Individuals like these have only a fixed amount of time which they must decide on how they use. The choice is between work or leisure. Work is of course the time devoted to a paying job, where as leisure is defined as all the things an individual does for which he or she does not get paid. To be able to determine the individual's choice between work and leisure we need to use a more technical approach. We need a function, something capable of capturing the individuals work leisure preferences. This can be done using a utility function which are (u(y,l) which we can then construct into a indifference curves each representing different combinations of work and leisure which the individual will get equal utility from. In terms of the work leisure model indifference curves show various combinations of real income and leisure ...

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