Answer:
Probability (at least one bottle neck occurs during 8 hours of operation)
= 0.9817
Explanation:
Given:
Average bottleneck 1 hour = 0.5
Find:
Probability (at least one bottle neck occurs during 8 hours of operation)
Computation:
Expected events in 8 hour = 8(0.5)
Expected events in 8 hour = 4
Probability (at least one bottle neck occurs during 8 hours of operation) = p(X≥1)
Probability (at least one bottle neck occurs during 8 hours of operation) = 1-p(X=0)
Probability (at least one bottle neck occurs during 8 hours of operation) =1-exp(-4)[4⁰]/0!
Probability (at least one bottle neck occurs during 8 hours of operation) =1-0.0183
Probability (at least one bottle neck occurs during 8 hours of operation)
= 0.9817
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Answer:
A. $35,000
Explanation:
The first $150,000 were invested in research and development of the product itself, not the patent. Thus, this amount should be debited to research and development expenses.
The only expenses directly related to the patent itself are the $20,000 spent on legal fees on January 2, 2017, and the $15,000 for legal fees in a successful defense of the patent on July 31, 2017.
Therefore, the total amount that should be debited to Patents (P) is:
P = $20,000 + $15,000 = $35,000
In the short run, the individual competitive firm's supply curve is that segment of the: "marginal cost curve lying above the average variable cost curve."
<h3>
What is the short run supply curve?</h3>
The short run supply curve of a business is the section of its marginal cost curve that is higher than its average variable cost curve.
According to the law of supply, when the market price rises, the company will supply more of its product.
A perfectly competitive business maximizes profit by generating the amount of production that equals the product's price and marginal cost.
Learn more about Short-Run Supply curve at;
brainly.com/question/15178628
#SPJ1
Answer:
The boat today is worth 100,440 dollars
Explanation:
We need to solve for the present value of the payment Fishermen's Corp will receive for the boat:
We will apply the formula for lump sum to each 
cash flow and then add them together
Year Nominal Present Value
1 20000 18, 518
2 40000 34,293
3 60000 47,630
TOTAL 100,441
