Answer:
The answer is: 74% of its customers carry a credit card the store will accept.
Explanation:
- Let A denote the event a customer carries American Express credit card (24%)
- Let V denote the event a customer carries Visa credit card (61%)
- Let AV denote the event a customer carries both credit cards (11%)
P(A ∪ V) = probability that a customer carries at least one credit card
P(A ∪ V) = P(A) + P(V) − P(AV)
P(A ∪ V) = 0.24 + 0.61 − 0.11 = 0.74
Because the internet make it so much easier for consumers to do research before making decision.
Through the internet, the consumers could know the credibility of a certain product by reading past experiences of other consumers that have used it before. Not only that, the consumers might know the side effects of the product which might be intentionally hidden by the producer.
Answer:
$2,000 (Unfavorable)
Explanation:
Given that,
Actual Quantity = 4000 pounds of materials
Actual Rate = $2.20 a pound
Standard Quantity = 3,400 pounds
Standard Rate = $2 per pound
Total Materials price Variance:
= (Actual Quantity × Actual Rate) - (Standard Quantity × Standard Rate)
= (4,000 × $2.20) - (3,400 × $2)
= $8,800 - $6,800
= $2,000 (Unfavorable)
Answer:
C. Explain ONE way in which the USA & USSR competed against each other during the Cold
War in the Post-World War Two period (c. 1945-present)
