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

  Describe the benefits and costs of international trade

Your son is graduating from high school and is about to enter the work force. He has developed a strong curiosity about our economic system and how it works. Because you have a good understanding of basic economics, he has asked you to explain..

  Determine whether demand or supply changes or both

o Determine whether the change is an increase or a decrease. o Show the change in demand and/or supply on the graph of the initial equilibrium. (You will have one graph for each event.) Identify the result on the equilibrium price and quantity of den..

  Effect on the production possibilities frontier

Use a production possibilities frontier graph to illustrate the trade-off to an economy between producing consumption goods and producing capital goods.

  Why might it be cheaper to drive on a toll-road

How do costs play into your everyday life? For example, why might it be cheaper to drive on a toll-road vs. a free-access interstate Also, can you identify situations where you may fall victim to the sunk cost fallacy (we all do)

  Which country has a compartive advantage in apples

Country B Apples=36 Bananas=15 1. Calculate the pretrade relative price of Apples in terms of Bananas. Relative price of Bananas 2. Which country has a compartive advantage in Apples ANd in Bananas

  Determine consumer surplus and producer surplus

The table given below are the demand and supply schedules for television sets in Venezuela, a small country that is unable to affect world prices.

  Demonstrate the impact of ikeas entry

IKEA is a Swedish home furnishings retailer. An official Indian agency supports IKEA opening 25 stores in India. Demonstrate the impact of IKEA's entry into the Indian home furnishings market.

  Consumer soveriegnty

Discuss the opposing arguments as to whether consumer sovereignty should prevail in medical care.

  What would likely be the best entry mode

We typically focus on firms from well-developed economies entering markets of less developed economies. Do firms from less developed economies have a chance of success if they enter developed markets such as the United States What competitive adva..

  Why the demand curve for corn is downward sloping

In equilibrium, if the marginal utility per dollar ratio of milk for Aisha is greater than the marginal utility per dollar ratio of milk for Debbie, then the marginal utility per dollar ratio of bread for Aisha must be smaller than the marginal ut..

  Managing monopolistic and competitive markets

You're the GM of firm that manufactures PC's. Demand for them has dropped 50%, thanks to soft economy. The sales manager has identified only one potential client, who has received many quotes for 10000 new PC's.

  Finding equilibrium fare

The marginal and average cost curves of taxis in metropolis are constant at $.20/mile. The demand curve for taxi trips in metropolis is given by P = 1 - .00001q, where P is the fare, in dollars per mile, and Q is measured in miles per year.

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