<span>#1) Think of this as an experiment and list four possible outcomes.
Answer: There are 3 possible outcomes. The first one is for the condition that the first digit cannot be zero and the digits can be repeated: 9*10*10 = 900. The second outcome is if the digits cannot be repeated: 9*9*8 = 648. The last possible outcome is if zero can be the first digit an the numbers can be repeated: 10*10*10 = 1000. Also the probability of Mr. Jones and Mrs. Smith of selecting the same PIN is 1/900.
I hope it helps, Regards.<span>
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Answer:
C
Explanation:
here are the options to this question
a. equilibrium prices and quantities will increase.
b. equilibrium prices will increase by more if the demand for caviar is elastic than if demand is inelastic.
c. total revenues to caviar firms will increase if the demand for caviar is inelastic.
d. all of the above are correct
As a result of the increased government scrutiny of caviar, the supply of caviar would fall and a result of this, prices would rise.
if prices rise and demand is inelastic, the total revenue of caviar firms would rise.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
As a result of the rise in price of caviar, there would be little or no change in quantity demanded and total revenue of these firms would rise
Answer:
C. Both cover an unexpected loss of income.
Explanation:
Disability Insurance protects against loss of income due to the inability to ask, resulting from injuries. This insurance policy compensates the insured for lost income due to incapacitation.
Life insurance offers protection against loss of income should the insured die. Life insurance pays the insured beneficiaries a specified sum of money as stipulated in the insurance contract. It is an assurance the insured's family will be compensated for the loss of income occasioned by their death.
Answer:
(a) FIFO cost $ 17,510.00 includes 20 units @ $63.00 per unit and 250 units @ $ 65.00 per unit.
(b) LIFO cost $ 15,900.00 includes 115 units @ $53.00 per unit, 135 units @ $63.00 per unit and 20 units @ $65.00 per unit.
(c) Weighted average cost $ 16,838.76 includes 270 units @ $62.37 per unit.
(d) Specific identification cost $ 16,240.00 includes 85 units @ 53.00 per unit, 30 units @ 58.00 per unit, 40 units @ 63.00 per unit and 115 units @65.00 per unit.
