B. independence
the rest of the answers are disadvantages
Answer:
A description of the land that specifies the boundaries and location of a specific piece of real property.
Explanation:
A property right is the exclusive or sole authority which determines the legal ownership of resources and how these resources are to be used, whether by individuals or government.
An equitable title can be defined as the right of an individual to use and enjoy an asset (property) due to his or her financial interest in the asset.
On the other hand, a legal title can be defined as the actual (absolute) ownership of a property that is recognized and enforceable in a court of competent jurisdiction.
On a related note, legal description is a description of the land which typically specifies the boundaries and location of a specific piece of real property such as house, land, etc. Thus, it can be used by land surveyors to accurately estimate or determine property lines at a future.
The correct answer is: "I would recommend her not to increase the price, because with an elastic demand function this will cause a great decrease in the quantity demanded by consumers".
The demand function represents the quantity of a certain good or service that consumers are willing to purchase in the market at different price levels. The law of demand states that there is an inverse relationship between price and quantity demanded (ceteris paribus, hence, given that the rest remains equal). <u>Therefore, when the price charged decreases, the amount that consumers are willing to purchase increases. </u>
In turn, the elasticity of the demand function measures the sensitiveness of the quantity demanded by consumers when there is a certain price change. If the demand function is elastic it means that a price variation would generate an even larger variation (in the inverse direction of course!) in the quantity demanded. <u>This is the case of the lemonade stand therefore the girl should not increase prices because this will not help her to reach her objective quicke</u>r, as she would loss a greater proportion of units sold than the size of the price increase that would have allowed her to earn more per unit.
<span>Never being trapped = 77.10%
Being trapped exactly once = 20.05%
Being trapped exactly twice = 2.61%
First, determine how many time the professor will ride the elevator, which will be 5 times 52 time 10 = 2600 times.
The probability of his never being trapped will be (1-1/10000)^2600 = 0.771041562 = 77.1041562% which rounds to 77.1%
Being trapped once is the probability of being trapped on just the 1st day, plus the probability of being trapped on just the second day, ..., plus the probability of being trapped on just the last day. So
0.0001 * 0.9999^2599
+ 0.9999 * 0.0001 * 0.9999^2598
+ 0.9999^2 * 0.0001 * 0.9999^2597
+ ...
+ 0.9999^2599 * 0.0001
= (0.0001 * 0.9999^2599) * 2600
= 0.200490855
= 20.05%
For being trapped exactly twice, the same type of calculation is done with the base value being
0.0001^2 * 0.9999^2598
The number of times the base value is multiplied will be the number of ways you can pick 2 days out of a set of 2600 days, which is
2600/(2!2598!) = 3378700
So we have
(0.0001^2 * 0.9999^2598) * 3378700 = 0.026056392 = 2.61%
The general formula for being trapped on exactly n days is
0.0001^n * 0.9999 ^ (2600-n) * 2600!/(n!(2600-n)!)</span>
Answer:
Option B is the right option
Explanation:
Interchangeable parts is the operation management concept that was not evolved from scientific management because the scientific management deals with the productivity of the operations by finding one best way to do a task. Furthermore the interchangeable parts was introduce to increase the mass production by the use of interchangeable body parts of machinery which has more efficiency than the previous one.