We will have the following:
* If Kristin does not decrease the price of her cakes, her projected weekly revenue from cake sales will be $2500.
*If Kristin decreases the price of her cakes, her projected weekly revalue will be $2520.
*Kristin will obtain the same revenue if she sells the cakes for $24 or $21.
1/2+1/2=2/2=1 so 1/2 was eaten and the other half was leftovers.
Answer:
theoretical probability
Step-by-step explanation:
This is theoretical probability. The 7 pieces of paper each bear one number from {1, 2, ... , 6, 7}. There is only one piece of paper marked 7. So the probability of drawing a 2 is 1/7.