Question: Why is it important to understand differences in time use across different population groups? What does the valuation placed on an extra hour of free

Why is it important to understand differences in time use across different population groups?

What does the valuation placed on an extra hour of free time, post-COVID 19 restrictions, by different groups of Australians surveyed by NAB imply about their current position on their indifference curve? (Hint: What is their MRS at this point, and how is this related to the indifference curve?) This post should be between 100 and 150 words.

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