Question 1

The broad agreement that permits a business to have a working relationship with the society in which it operates is called the:

Select one:

a. Constitution of the United States.

b. Bill of Rights.

c. Balance Sheet.

d. Social Contract.

Question 2

When Henry Ford used assembly lines to produce Model T cars in 1914, this was an example of:

Select one:

a. technological power.

b. pluralism.

c. environmental power.

d. market failure.

Question 3

When businesses hire lobbyists to influence legislation they are attempting to use:

Select one:

a. political power.

b. social power.

c. the Doctrine of Natural Rights.

d. technological power.

Question 4

The idea of a "classless society" in which all of the people collectively own property is a fundamental tenet in:

Select one:

a. capitalism.

b. communism.

c. feudalism.

d. democracy.

Question 5

Which of the following U.S. social movements attacked business for contributing to a variety of social ills during the 1960s?

Select one:

a. Civil rights groups.

b. Environmental groups.

c. Consumer Advocacy Groups

d. All of the above.

Question 6

J.P. Morgan was the most powerful ________ in the early 20th Century.

Select one:

a. politician

b. commercial banker

c. oil baron

d. environmentalist.

Question 7

Which group has the ability to influence business behavior?

Select one:

a. Consumers.

b. Community activists.

c. Workers.

d. All of the above.

Question 8

Firms that have market power:

Select one:

a. behave competitively.

b. have some control over the market price.

c. create a more equitable distribution of income.

d. All of the above.

Question 9

The social contract that a business has with society:

Select one:

a. Is legally binding.

b. Is required by the government.

c. Suggests that businesses have a moral obligation to benefit other stakeholder groups.

d. All of the above.

Question 10

Monopoly violates which assumptions of the competitive market model?

Select one:

a. That consumers have choice.

b. That firms have little or no pricing power.

c. That entry by new firms is relatively easy.

d. All of the above.

4) You have learned in this course that one of the most practical applications of Derivatives is in the process of "Optimization Problems". You have been taught, in general, the key ideas, features, processes, and steps necessary to correctly solve an Optimization Problem. Given an optimization problem, explain how to go about solving it. In addition, explain under what circumstances your answers would be inadmissible/invalid based on the question being asked.Describe the protocol of the online convex optimization (0C0) framework and answer the following questions. I Let A be an algorithm for 0C0. How to measure the performance of this algorithm? In other words, what make this algorithm a good 0C0 algorithm? a What are the differences between DOD and classical mathematical optimization? D Question 1 Given f (x) = -4x2 + 20x + 25 at what value of x is the function optimized? D Question 2 Given f (x) = -4x2 + 20x + 25 what is d2 f ( I) ? dz2 D Question 3 Given f (x) = -4x2 + 20x + 25 at the value of x that optimizes the function, it is a relative min max neither min or maxX MY Inbox (3,665) - michaelcheckett x ( Dashboard X ) Quiz Optimization Basics C er.instructure.com/courses/476525/quizzes/968512/take DI Question 3 4 pts Shown below is an optimization problem shown in canonical form. Match the mathematical expressions with the optimization terms. V(y) = max "f(z, y) subject to: g(z, y) 2 0 value function decisions parameters objective function canstraing x 1