1) According to Mr

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1) According to Mr. Cochran, effective Inclusion refers to: Not refusing to admit someone as a member of your organization because they are from a different group than your current members. O Letting it be known that your group welcomes people from groups different from current members. O Welcoming and actively recruiting new members from unrepresented groups or underrepresented groups in your organization. O None of the above answers. Question 37 2.5 pts America is a diverse country. To effectively deal with diversity in our business we must: Have the appropriate business licenses. O Have our business publicly post our statement of diversity goals. Have our business commit to equal opportunity in hiring and employment practices. O The first and second answers above. O All of the above answers.
Question 38 2.5 pts Research strongly suggests that ethnic diversity leads to higher revenue yields. True False Question 39 2.5 pts Research strongly suggests that gender diversity leads to higher revenue yields. O True False
Question 40 2.5 pts According to Mr. Cochran, all the diversity training and statements support diversity will be meaningless unless upper management truly supports diversity in the business. True False

2.Given the demand function Q = 20-0.2P, and the total cost function TC -50+200, calculate the following: (a) Average revenue (AR) (i) Marginal profit (MP) (b) Total revenue (TR) 6) Total net benefit (TNB) (c) Marginal revenue (MR) (k) Marginal net benefit (MNB) (d) Marginal benefit (MB) (0) Maximum total profit (TPmax) (e) Total benefit (TB) (m) Maximum total revenue (TRmax) (1) Average cost (AC) (n) Maximum total net benefit (g) Marginal cost (MC) (TNBmax) (h) Total profit (TP) (o) Price elasticity value when Q = 14 Problem 2. The country of Freelandia gained independence a few years ago and is mounting a major effort to promote new agricultural development in previously underdeveloped regions. A trucking operator in the town of K has previously been providing only local service. Now that a new major agricultural development program is under way, this operator is considering providing farm-to-market service to carry agricultural and other natural products from their origin in locality M to market at K. The distance is 200 miles (one way), with no intermediate major settlements. After discussions with the local agents of the producers at M, the trucker estimates that the demand function for shipments from Mto Kis V = 2+2,Q-a,P where Vis volume in tons per week, Q is frequency of shipments (per week), P is price charged per ton, and 0, 0, and Z are parameters. Based upon an average traveling speed of 40 miles per hour, plus a loading or unloading time of 3 hours at each end, he estimates that he can manage at the most one round trip every two days, so Q = 3 per week. He also figures that his costs are related to the mileage he drives per week; his total cost per week is: C = bo + b, where mr=4000 is the total round-trip mileage driven and bo and b, are parameters. The truck carries 15 tons. He is considering offering an initial frequency of 1 or 2 trips per week at a rate of $25.00 or $30.00 per ton. Assume bo = $300, bi - $0.20, Z = 30,00 - 10, ; -1. a. For these four combinations of frequency and price, what would be the tonnage carried, the gross revenues, the total cost, and the net revenue?
where my = 4000 is the total round-trip mileage driven and bo and b; are parameters. The truck carries 15 tons. He is considering offering an initial frequency of 1 or 2 trips per week at a rate of $25.00 or $30.00 per ton. Assume bo = $300, b: = $0.20, Z - 30,00 10,0 = 1. a. For these four combinations of frequency and price, what would be the tonnage carried, the gross revenues, the total cost, and the net revenue? b. Which of the four options would be preferred by the operator if his objective where to maximize net revenue? To minimize costs? To maximize volume carried? Which option would be preferred by users (shippers)? Can both interests get their first choice simultaneously? If not, why not? c. For the proposed service (Q = 3) the predominant movement is from Mto K; the amount of freight to be carried in the reverse direction is negligible. There is a possibility of picking additional cargo at D to go to M; this would incur a detour of 100 miles additional but could result in an additional load and source of revenue. Would it be profitable for this operator to make the detour? Discuss quantitatively,

3.Suppose commercial Bank A receives a new $100 deposit.

a. What will be the total change in money supply as the result of this increase in deposits? Explain in detail.

b. Discuss any ONE reason why the total change in money supply can be less that your answer in part a). (Think about what does the change in money supply depends on).

4.A company has established that the relationship between the sales price for one of its products and the quantity sold per month is approximately p=75 -0.1D (D is the demand or quantity sold per month and p is the price in dollars). The fixed cost is $1,600 per month and the variable cost is $35 per unit produced. a. What is the maximum profit per month for this product? b. What is the range of profitable demand during a month? a. The maximum profit per month for this product is $ 2400. (Round to the nearest dollar.) units to b. The range of profitable demand during a month is from the nearest whole number.) units. (Round up the lower limit and down the upper limit to