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Andreyy89
3 years ago
14

When does the price of an item decrease?

Mathematics
2 answers:
elena-s [515]3 years ago
6 0

Answer:

I believe the answer is A, when supply is greater than demand

Step-by-step explanation:

if you had too many of an unwanted product made, you would waste money

hope this helps, please mark as brainliest <3 xx

Amanda [17]3 years ago
5 0

Answer:

A

Step-by-step explanation:

The reason the answer is A is because when the supply is greater than the demand the price decreases so the supply can match the demand.

For an example: If the demand at Famous Foot Locker for Nike's is 100 shoes and they have a supply of 200, the price need to be decreased so the supply can equalize with the demand.

Hope this helps.. :)

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The standard error of sampling distribution can be calculated using the formula σ = √[{p(1 - p)}/n], where n, is the sample size, that is, n = 476.

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Since, np = 14.28 and n(1 - p) = 461.72 are both greater than 5, we assume the sample is normally distributed.

Since, we are asked to find the probability that the sample proportion is <u>less than</u> 0.04, we using our calculator, enter as following:

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Thus, the probability that the sample proportion will be less than 0.04 is <u>0.8995</u> or 89.95%.

Learn more about probability of sampling distributions at

brainly.com/question/15520013

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