Answer:
Breakfast: food - <em>nothing </em>Drink - <em>water</em>
Lunch: food - <em>pizza </em>Drink - <em>soda</em>
Dinner: food - <em>chicken and rice </em>Drink - <em>water & grape juice</em>
Answer:
the ability to work less than a line cook while making more money.
Hope this helps!
Sincerely; Victoria<3
Explanation:
(A) The supply function generally is considered to have positive slope. Qa has positive slope. Qb has negative slope, so is probably the demand function.
supply function: Qa
demand function: Qb
(B) The equilibrium price is the price that makes supply equal to demand.
Qa = Qb
50 +p = 200 -4p
5p = 150
p = 30
The equilibrium price is 30.
(C) The price elasticity of supply is computed as
Es = (dQa/dp)·(P/Qa) = 1·p/(50+p)
Es = p/(50+p)
At p=30, the numerical value is Es = 30/80 = 3/8. Qualitatively, the supply is inelastic.
Using the normal approximation to the binomial, it is found that there is a 0.0107 = 1.07% probability that more than 30 are single.
<h3>Normal Probability Distribution</h3>
The z-score of a measure X of a normally distributed variable with mean and standard deviation is given by:
- The z-score measures how many standard deviations the measure is above or below the mean.
- Looking at the z-score table, the p-value associated with this z-score is found, which is the percentile of X.
- The binomial distribution is the probability of x successes on n trials, with p probability of a success on each trial. It can be approximated to the normal distribution with .
In this problem, the proportion and the sample size are, respectively, p = 0.22 and n = 200, hence:
The probability that more than 30 are single, using continuity correction, is P(X > 30.5), which is <u>1 subtracted by the p-value of Z when X = 30.5</u>, hence:
Z = -2.3
Z = -2.3 has a p-value of 0.0107.
0.0107 = 1.07% probability that more than 30 are single.
More can be learned about the normal distribution at brainly.com/question/24663213