1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Annette [7]
3 years ago
14

A decrease in the price of a particular product will result in Question 7 options: a decrease in the demand for that product. a

shift in the production possibilities frontier. an increase in the quantity demanded of that product. an increase in the quantity supplied of that product.
Mathematics
2 answers:
sattari [20]3 years ago
6 0

The answers you could use are both the second and the forth.  But mostly the fourth.

HACTEHA [7]3 years ago
5 0

In most cases, a demand curve is assumed to have a negative slope, so ...

... a decrease in the price will result in an increase in the quantity demanded of that product.

_____

There are exceptions: in certain markets, a low price is associated with cheap goods of unsuitable quality (or fashion), so quantity demanded goes down, rather than up.

You might be interested in
Orange M&M’s: The M&M’s web site says that 20% of milk chocolate M&M’s are orange. Let’s assume this is true and set
SOVA2 [1]

Answer:

The correct option is (A).

Step-by-step explanation:

Let <em>X</em> = number of orange  milk chocolate M&M’s.

The proportion of orange milk chocolate M&M’s is, <em>p</em> = 0.20.

The number of candies in a small bag of milk chocolate M&M’s is, <em>n</em> = 55.

The event of an milk chocolate M&M being orange is independent of the other candies.

The random variable <em>X</em> follows a Binomial distribution with parameter <em>n</em> = 55 and <em>p</em> = 0.20.

The expected value of a Binomial random variable is:

E(X)=np

Compute the expected number of orange  milk chocolate M&M’s in a bag of 55 candies as follows:

E(X)=np

         =55\times 0.20\\=11

It is provided that in a randomly selected bag of milk chocolate M&M's there were 14 orange ones, i.e. the proportion of orange milk chocolate M&M's in a random bag was 25.5%.

This proportion is not surprising.

This is because the average number of orange milk chocolate M&M’s in a bag of 55 candies is expected to be 11. So, if a bag has 14 orange milk chocolate M&M’s it is not unusual at all.

All unusual events have a very low probability, i.e. less than 0.05.

Compute the probability of P (X ≥ 14) as follows:

P(X\geq 14)=\sum\limits^{55}_{x=14}{{55\choose x}0.20^{x}(1-0.20)^{55-x}}

                 =0.1968

The probability of having 14 or more orange candies in a bag of milk chocolate M&M’s is 0.1968.

This probability is quite larger than 0.05.

Thus, the correct option is (A).

4 0
3 years ago
Ratio equivalents to 1:2
nata0808 [166]
2:4  3:6  4:8

Any ratio equals 1:2 as long as you can divide the first number by itself to get 1 and the second number with the 1st number.
Example
2:4
Divide the first number by 2 and you get 1 
Divide the second number by 2 and you get 2
So the ratio equals 1:2


Please make me brainliest
3 0
3 years ago
Read 2 more answers
HELPPPP PLZZZZ!!!!!!!!!!
hram777 [196]

Answer:

i can help just not with this

Step-by-step explanation:

did i help :D

6 0
3 years ago
Read 2 more answers
What is 0.167 times 180
Agata [3.3K]

Answer:

30.06

Step-by-step explanation:

6 0
2 years ago
Read 2 more answers
Helpeoepeoeoeo show work
alukav5142 [94]

<em>IMPORTANT THIGNS TO REMEMBER:</em>

  • Has 20 lb. dog food!
  • Gives dog 1 3/5 everyday!
  • Find how much eaten after 2 days!
  • Find how much is left!

<em>ANSWER:</em>

Dog has eaten 3 1/5 after 2 days!

There is 16 4/5 left in bag!

<em>EXPLANATION:</em>

Since she gives 1 3/5 to her dog everyday and their asking for 2 days you would multiply 1 3/5 × 2 OR add 1 3/5 + 1 3/5

Which would give you 3 1/5

So, the dog has eaten 3 1/5 lb. of dog food in 2 days.

However then, you would subtract 20 lb. - 3 1/5 lb. because there is 20 lb. dog food in all and the dog has eaten 3 1/5 of it. This would give you 16 4/5 lb.

Meaning there is 16 4/5 lb. left in the bag of dog food!

4 0
3 years ago
Other questions:
  • Use Substitution to solve the system of equations. c+b=12 2b-3c=1 1/2
    7·1 answer
  • 6,000 dollars is invested in two different accounts earning 3% and 5% interest. At the end of one year, the two accounts earned
    8·1 answer
  • A baseball has a 45 cm diameter. What is the volume of the contents of the ball?
    14·1 answer
  • The graph of a Quadra function is shown. Check all of the following statements that are true of the function
    11·1 answer
  • 50 POINTS!! WILL MARK BRAINLIEST!! SHOW ALL WORK!!
    15·1 answer
  • Five standard six-sided dice are rolled. What is the probability that at least three of them show a 6?
    7·1 answer
  • In the first stage of cellular respiration, very little energy is released. <br><br> True or False?
    15·1 answer
  • Simplify 4r-4r-10s+2s
    5·1 answer
  • Find the critical numbers (x-values) of the function y equals 2 x to the power of 5 plus 5 x to the power of 4 minus 19. Enter y
    12·1 answer
  • This is a gardener's floor plan of their backyard. Enter the amount of grass, in square yards
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!