All of the Following Statements Regarding Flextime Are True EXCEPT

question 48

Multiple Choice

All of the following statements regarding flextime are true EXCEPT

• A) it gives employees less say about what days they work
• B) it gives employees more personal control over times they work
• C) it is desirable for people who want to work part-time
• D) all employees must be at work during core time
• E) the workday is broken down into two categories

---

Definitions:

Marginal Value

Refers to the additional benefit derived from consuming or producing one more unit of a good or service.

Slopes Downward

Describes a line on a graph that represents a decrease in one variable as another variable increases, typically associated with demand curves.

Consumer Surplus

The difference in the total funds consumers are willing and able to disburse for a good or service compared to the actual expenditure.

Willingness to Pay

The maximum amount an individual is prepared to spend on a good or service to satisfy their needs or desires.