Answer:
The carnival is losing (on average) $0.15 on each play
Step-by-step explanation:
To find out how much the carnival wins or looses in each play one subtract the expected value (EV) from each play from the amount charged by the carnival for each play ($0.55). If the expected value is higher than what the carnival charges, the carnival is losing money.
Expected is the sum of the payouts of each bet multiplied by its likelihood:

Since the expected value is higher than $0.55, the carnival is losing money, on average, on each play:

The carnival is losing (on average) $0.15 on each play
Answer:
find the value of x that makes the denominator zero: x = 7
Step-by-step explanation:
A vertical asymptote shows up where the denominator is zero. As the denominator gets closer to zero, the function value gets larger without bound (unless there is a numerator factor that cancels the one in the denominator).
To find the value of x at the vertical asymptote, solve the equation ...
denominator = 0
x - 7 = 0
x = 7 . . . . . . . add 7 to both sides