What is the opportunity cost of leisure?

Question

What is the opportunity cost of leisure? please help!

Answer 1

The opportunity cost of leisure is what you have to give up, or not do, in order to have that 'leisure'.

It may be the money that you have spend in order to go to a friends house or go on holiday, that you would otherwise have spent on food, or something else altogether.

In my mind, the most common 'opportunity cost' example used with leisure is time spent working.  If you are relaxing, then you are not at work earning money.  The trick is to balance the amount of time you spend working so that you have enough money to enjoy your leisure time, but not work too hard so that you don't have any time for leisure, depsite having earned the money to do it!

Answer 2

I think it's the money you spend on leisure activities

Answer 3

opportunity cost of leisure is the cost of other things foregone in the process

Answer 4

Welll number one of course is money,we all need that resource unless were like filthy rich.Another thing would be the ability to learn new skills which you would learn at a job or school.The last thing i can think of is the sense of being responsible.By not having any important duties could not only free up your time but it can also increase laziness and irresponsibility.

Answer 5

Money would be the most obvious one. Also, it is the time that you could have spent on doing other things, e.g. the work you could have gotten done, etc.