Table 24-10 The Table Below Shows the Prices of Baseballs and Baseball

question 307

Multiple Choice

Table 24-10
The table below shows the prices of baseballs and baseball bats for three years. Assume the typical consumer's basket consists of 6 baseballs and 2 baseball bats.
-Refer to Table 24-10. If 2009 is the base year, then the consumer price index was

• A)83.00 in 2008, 100.00 in 2009, and 132.50 in 2010.
• B)89.97 in 2008, 100.00 in 2009, and 117.43 in 2010.
• C)90.88 in 2008, 100.00 in 2009, and 117.43 in 2010.
• D)169.50 in 2008, 186.50 in 2009, and 219.00 in 2010.

Identify different types of flexible work arrangements and their benefits.

Describe core time and its significance in flex-time systems.

Explain the consequences of flex-time on job satisfaction, turnover, and productivity.

Describe work sharing and its purpose.

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Definitions:

Excess Capacity

The additional production capability that a business can utilize without incurring additional fixed costs, often seen as an opportunity for growth.

Minimum Price

The lowest price at which a product or service can be sold, often determined by covering at least the costs of production or market regulations.

Special Order

A one-time customer order typically at a reduced sale price, which does not disrupt regular production or sales activities.

Constrained Resource

A critical resource within a process or system that has a capacity limit potentially affecting overall performance or output.