AnswerY=-10/3x+11:
Step-by-step explanation:
M=0--2/-3-4= -10/3
Y-1=-10/3(x-3)
-10/3x+10+1
Y=-10/3x+11
Answer: the winnings are reduced
Step-by-step explanation:
Given 10 percent chance to win $1,000 for $100. That is
Gain = $900
Assuming diminishing marginal utility of dollars, when the utility of the gain and the money used for bet are considered, it is discovered that the utility of the $100 used to make the bet is greater than the $900 that you might gain if you win the bet.
this is not a fair bet in terms of utility because the winnings are reduced.
Answer:
4
Step-by-step explanation:
solve for x by simplifying both sides of the equation then isolating the variable
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The answer is a.) 1/6 cup
Step One: Make 1 1/6 an improper fraction
Step Two: Write equation
Step Three: Make the whole number (7) a fraction by putting it over one
Step Four: Divide 7/6 by 7/1
Step Five: Slip 7/1 for the reciprocal, 1/7
Step Six: Multiply the two fractions
Step Seven: Simplify
Hope this helps!