Answer:
a. P=0.04
b. P=0.54
c. P=0.96
Step-by-step explanation:
If half of the college graduates are married, then we have:
- 21% are college graduates and married.
- 21% are college graduates and not married.
If 75% of the workers are married, and 21% of the workers are college graduates and married, then (75%-21%)=54% of the workers are not college graduates that are married.
If 25% of the workers are married, and 21% of the workers are college graduates and not married, then (25%-21%)=4% of the workers are not college graduates that are not married.
a) P=0.04 (explanation above)
b) P=0.54
c) In this case, the probability is the complement of point "a". Then we can calculate it by substracting the probability of not being married and not being a college graduate.
P=1-0.04=0.96
Answer:
Step-by-step explanation:
<em>Original question is attached</em>
<h3>Option 1</h3>
- C(x) = 25x + 50
- C(8) = 25*8 + 50 = $250
<h3>Option 2</h3>
- As per table, the rate of change is $30 per 2 hours.
- So 8 hours will cost
- $190 + $30 = $220
As we see the second option is cheaper so we should hire the Master Remodeling
Answer:
Point slope form is to find the coordinates of the point on the line, whereas slope intercept gives you the slope plus y-intercept
Step-by-step explanation:
Answer:
MRS is the demand side of equation while MRT is for the supply side.
MRS defines how much a consumer is willing to give up of good X for 1 additional unit of good Y to stay on the same utility level. It is shown by indifference curve. MRS = Price of X/ Price of Y
Similarly, MRT is how much a supplier is willing to give up producing good X for 1 additional unit of good Y. It is shown by Production Possibility Frontier. MRT = MC of X/ MC of Y