If Employees Work for Ten Hours a Day for Four

question 81

True/False

If employees work for ten hours a day for four days a week to earn three-day weekends, they're taking advantage an employer's flextime policy.

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Definitions:

Efficiency

The ability to produce maximum output with a given set of inputs or resources, minimizing waste and costs.

Equality

The state of being equal, especially in status, rights, and opportunities.

Output

The complete sum of products or services generated by an individual, device, company, or economic system.

Total Surplus

The aggregate benefit to society, represented by the consumer and producer surplus, from the consumption and production of a good or service.