 |
|
Ecthy
|
|
Zhonghuà Rénmín Gònghéguó
Mar 2000 time: 06:30
|
|
I see no Korean figure in that list.
|
|
|  |
 |
|  |
 |
|
TCO
|
 |
Richmond, VA
Jan 1970 time: 00:30
|
|
quote: Originally posted by Victor Galis
Yes, you need 400 man hours to do a job and it has to be finished this week. If you can work people 40 hours a week, you need 10 employees. If you can only work them 35 hours a week, you need 12. (Assuming of course the shorter work week doesn't increase morale and consequently productivity by like 20% (There will be some productivity increase)). |
1. If the businesses could get more work out of 12 35-hourers than 10 40ers, they would already do so. Since they don't, it is obvious that this is a less efficient situation for most jobs. (But not all, for some it is better to have shorter hours, for instance airport terminals in minor cities.)
2. Given that you are constraining there ability to hire in the most effecient way, the facotr cost of labor increases. This means that the total output will be lower.
3. Also, in parallel, there are other things like severance benefits etc. which decerease labor flexability and make businesses lesswilling to hire. This displaces the least efficient workers as well.
P.s. You did not follow my advice. Look at it in terms of microeconomics, son. Draw some curves. This is 101.
|
|
|  |
 |
|
Dr Strangelove
|
|
I've gotten one vacation day off this year. One. That was to go to a medical conference that I have to go to as mandated by state law.
|
|
|  |
All times are GMT. The time now is 05:30. Apolyton Time is 00:30. |
top of page
|
| archivepost |
|
Forum Rules:
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
|
HTML code is ON
vB code is ON
Smilies are ON
[IMG] code is ON
|
|
|
|
|
|