Down and Out Co

question 45

Multiple Choice

Down and Out Co.operates an executive placement service for corporate executives displaced by corporate restructuring.Its monthly total cost of cases is given by TC = 25Q^1/2 + 2,500; the average cost at a caseload of 25 attempted placements per month is:

• A) $100.
• B) $105.
• C) $200.
• D) $205.
• E) $225.

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Definitions:

Social Identity Theory

A psychological theory proposing that people classify themselves and others into various social categories, such as racial groups or sports teams, which influences their behaviors and perceptions.

Social Dominance Theory

A theory suggesting that societies are structured in hierarchical group systems, with inequalities maintained through mechanisms such as discrimination and systems of oppression.

Status Position

The rank or standing of an individual or group within a societal or organizational hierarchy.

Group Cohesion

A property of a group, specifically the degree to which members of a group desire to remain in that group and resist leaving it. A highly cohesive group will maintain a firm hold over its members’ time, energy, loyalty, and commitment.