Xue Has Been Working at an Electronics Manufacturing Plant Located

question 20

Multiple Choice

Xue has been working at an electronics manufacturing plant located in Beijing,China for the last 3 years.Her parents live in Shanghai.Which of the following is true regarding her paid time off benefits?

• A)Xue is entitled to "home leave" because her parents live in another city in China and she has met the minimum service requirement.
• B)Xue is not entitled to "home leave" because she has not met the five-year service requirement.
• C)Xue is not entitled to "home leave" because there is no such government policy in China.
• D)"Home leave" is granted at the discretion of the employer.

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Definitions:

Marginal Social Cost

The additional cost imposed on society as a whole from producing one more unit of a good or service.

Socially Optimal

is a condition or outcome in which the allocation of resources maximizes the overall benefit to society.

Nonexcludable

A characteristic of a good whereby it is difficult or impossible to prevent people who have not paid for it from consuming or using it.

Rival

An entity competing against another in the same market or field.