Is 9/12 equal to 5/8?
2 answers:
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Answer:
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Step-by-step explanation:
From the question we are told that:
Price of 20TVs per week
Marginal price-demand function
Generally the The Marginal price function is mathematically given by
Therefore the equation when the demand is 20 TVs per week at $150 per TV
Giving
Therefore the Price when the demand is 100 TVs per week
Solution:
As, in a pack of cards, there are 26 black cards and 26 red cards.
Probability of an event =
Probability of drawing a black card from a pack of 52 cards =
As each card drawn is replaced,Each black card draw is an independent with another black card draw.
Probabilities of drawing a black card on each of four trial=