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8090 [49]
1 year ago
13

If we have eight decisions to make and 3 choices for each decision, how can we represent the number of potential outcomes

Business
1 answer:
AveGali [126]1 year ago
3 0

We can represent the number of potential outcomes by 3 to the power 8.

<h3>What is permutation and combination?</h3>

Permutation relates to the act of arranging all the members of a set into some sequence or order.

We can assume, for two choices, we have one decision. This can be represented as, since we have eight decisions,

Representation of the potential outcomes are:

= 3^1 + 3^1 + 3^1 + 3^1 + 3^1 + 3^1 + 3^1 + 3^1

= 3^8

= 6,561

Learn more about permutation and combination here: brainly.com/question/21014199

#SPJ1

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Economics indicators measures rather than activitys
ratelena [41]

Answer:ok24

Explanation:kkgotit

3 0
2 years ago
You can buy commercial paper of a major u.S. Corporation for 495000 $ the paper has face value of 500000 $ and in 45 days from m
BartSMP [9]

Answer:

Discount yield is 8%

Bond equivalent yield is 8.19%

Explanation:

The discount yield on the commercial paper is calculated as:

(($500,000 - $495,000)/$500,000 ) x (360/45)

= ($5,000/$500,000 x (360/45)

= 0.01 x 8

= 0.08

= 8%

And bond equivalent yield is calculated as:

(($500,000 - $495,000)/$495,000) x (365/45)

= ($5,000/$495,000) x 8.11

= 0.0101 x 8.11

= 0.0819

= 8.19%

7 0
3 years ago
Determine the amount of producer surplus generated in the following situation. So­Hee advertises her car for sale in the used­ca
abruzzese [7]

Answer:

The answer is: $0

Explanation:

Producer surplus is the difference between the maximum price a suppler is willing and able to sell its product and the price of the product.

SoHee was willing to sell her car for at least $1,500, but she wasn't able to do so since the fair market price is $1,200. So, producer surplus is $0.

6 0
2 years ago
A perfectly competitive firm will maximize profit or minimize losses in the short run by producing at the point where:
Marina CMI [18]

Answer:

The correct answer is option C.

Explanation:

A perfectly competitive firm faces a horizontal line demand curve at the market-determined price. This demand curve also represents average revenue and marginal revenue.  

The firm is able to maximize profits or minimize loss at the point where the marginal cost is equal to the price or marginal revenue and the price is such that the average fixed cost is being covered.  

In the short run, some costs are fixed while others are variables, a firm is able to minimize losses if the price is greater than AFC. But in the long run, all costs are variable so price should be either higher than or equal to ATC to maximize profits and minimize losses.

6 0
3 years ago
Amber arrives for her first interview with Overseas Ventures, Inc., fifteen minutes early, wearing a dress blouse and a business
Blababa [14]

Answer:

She should not have brought up salary.

Explanation:

From the question we are informed about Amber who arrives for her first interview with Overseas Ventures, Inc., fifteen minutes early, wearing a dress blouse and a business suit whose skirt hem hits her knees. During the interview, she mentions a successful cost-cutting measure she implemented on her current job. She expresses gratitude for the opportunity her current employer gave her. She mentions what her current salary is and says she hopes the prospective employer can better it. After the interview, she sends a thank-you note to the manager who interviewed her. In this case, What she did wrong was that should not have brought up salary.

An interview can be regarded as

a structured conversation between

interviewer as well as an interviewee, the interviewee could be a participant seeking for job. It is one-on-one conversation, during interview

information from a person can be obtained through oral responses of a participant. In case of the question, she should not have brought up salary.

Though she mentioned Cost reduction which was one of her strength and it's regarded as is the process engaged by companies in reducing their costs and also brings increase to their profits.

4 0
2 years ago
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