What is flex time and what are advantages-disadvantages

Assignment Help Microeconomics
Reference no: EM13222557

1) What is flex time and what advantages/disadvantages does it give companies and workers?

2) Why does statistical estimation need caution especially regarding the long run?

3) Why are economic profits such fleeting things for a perfectly competitive firm? Explain.

Reference no: EM13222557

Questions Cloud

How does the zero sum myth set people off against each other : How does the zero sum myth set people off against each other. Explain. Why are people merely not like chess pieces Explain. How does government provided health care being free for all and granting all benefits fall into the fallacy. Explain.
What is excelsiors annual inventory carrying cost : Excelsior's proiducts average inventory is valued at $500,000. Inventory is ordered 52 times per yearat a reordering cost of $700/per order. THe cost of carrying inventory is 20%. What is Excelsiors annual inventory carrying cost?
Why is the shutdown point not a hard and fast rule : 2) Why is the shutdown point not a hard and fast rule of MR=MC=AVC 3) Why does the government's desire to not provide health care at certain points maybe economically rational and dangerous Explain.
Describe the type of documents or other communication needed : Describe the type of documents or other communication needed to complete the task.
What is flex time and what are advantages-disadvantages : 1) What is flex time and what advantages/disadvantages does it give companies and workers2) Why does  statistical estimation need caution especially regarding the long run 3) Why are economic profits such fleeting things for a perfectly competitive f..
What is the first question that should be asked regarding : what is the first question that should be asked regarding the effectiveness of a firm's approach to inventory maangement?
How many orders will boboux usa need to place to the parent : How many orders will Boboux Usa need to place to the parent company in New Zealand?
How the federal govt balance its budget annually : Some politicians have suggested that the U.S. enact a constitutional amendment requiring that the federal govt balance its budget annually. Explain why such an amendment, if strickly enforced, would force the govt to enact a contractionary fiscal ..
What is macpacks annual inventory carrying cost : MacPack Products orders materials from its suppliers 26 times per year, at a re-ordering cost of $350 (per order). The company's average inventory is valued at $400,000. What is Macpack's annual inventory carrying cost, assuming an ICC rate of 25%..

Reviews

Write a Review

Microeconomics Questions & Answers

  How much does best buy have to charge in order to break even

When you buy a set of speakers, Best Buy asks if you would like to purchase insurance for your speakers. Assume that paying for new speakers for customers who listen to music at a reasonable level (thus minimizing damage) costs, on average, $150, ..

  Write the equation for total costs

Write the equation for Total Costs and what is TC when profit is maximized - what is Total Revenue when profit is maximized?

  Why are these goals in conflict with each other

When an excise tax is imposed on a commodity in order to raise revenue for the government or in in order to raise the consumption of the good, then why are these goals in conflict with each other?

  Obtain income elasticity of demand

Obtain Income elasticity of demand and Calculate the quantity demanded for goods 1 and 2 at these prices and this income level.

  What new technology is adopted allowing greater productivity

Draw an aggregate production function with typical shape and label it "F". Make sure to label the axis of the graph. Now, add two more production functions based on the following scenarios. Efficient institutions are adopted in a country. Label t..

  Which will not cause a decrease in the demand for apples

Suppose we observe that as a firm decreases its price its total revenue decreases. Which of the following is a possible value of its price elasticity of demand. Which of the following will not cause a decrease in the demand for apples.

  Relationship between productivity and cost of production

What is the relationship between productivity and the cost of production, and how does the cost of production vary over the short- and long-run?

  Determine the opportunity cost of attending the concert

If you receive a free ticket to a concert, what, if anything, is your opportunity cost of attending the concert How does your opportunity cost change if miserable weather on the night of the concert requires you to leave much earlier for the conce..

  Which market structure applies to dry cleaners

Monopolistically competitive industries consist of a large number of firms, none of which has a large market share. Oligopoly is different. This market structure involves an industry that is dominated by a small number of firms.

  Solving various pricing questions

As part of the preparations for the arrival of a hurricane, NC residents sought to buy electricity generators. As a result, you expect that in NC

  Determine the form of payment which the court specifies

Suppose Jonah and Carlos have a contract, which Carlos chooses to breach. Jonah sues, and a court orders Carlos to pay him the amount he expected to gain at the time they made the contract, net of any amount he actually did receive after the breac..

  Find linear demand and supply curves

Find linear demand and supply curves that are consistent with this information and how would the equilibrium price of ethanol motor fuel in the first half of 2008 compare to the price in 2007?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd