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Ahat [919]
2 years ago
7

Ephemeral services corporation (esco) knows that nine other companies besides esco are bidding for a $900,000 government contrac

t. each company has an equal chance of being awarded the contract. if esco has already spent $100,000 in developing its bidding proposal, what is its expected net profit?
a. $10,000

b. $0

c. $100,000

d. $90,000
Mathematics
1 answer:
EastWind [94]2 years ago
4 0

Answer:

c. $100,000

Step-by-step explanation:

Calculation of the expected net profit of Ephemeral services corporation

Since we are been told that 9 other companies besides esco are as well bidding for the $900,000 government contract, it means we have to find the expected net profit by dividing 1 by 9×$900,000 .Thus ESCO can only expect to cover its sunk cost.

Hence ,

E(X) = (1/9) × $900,000

E(X)=0.111111111×$900,000

E(X)= $100,000

Therefore the expected net profit would be $100,000

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A candle burned at a steady rate. After 37 minutes, the candle was 11.2 inches tall. Eighteen minutes later,
irinina [24]

Answer:

i think the answer is 4.65 inches tall.

Step-by-step explanation:

i attempted it this may be wrong just wait for someone to confirm it.

3 0
3 years ago
Sara purchased a porcelain sculpture that is in the shape of a square pyramid. The slant height is 6.1 inches and the base 6.4 i
shusha [124]

The surface area of the square pyramid will be 78.08 square inches.

<h3>What is surface area?</h3>

The space occupied by any two-dimensional figure in a plane is called the area. The area of the outer surface of any body is called the surface area.

<h3 />

Given that:-

Sara purchased a porcelain sculpture that is in the shape of a square pyramid. The slant height is 6.1 inches and the base is 6.4 inches. The surface area will be.

The surface area of the square pyramid will be calculated by the formula:-

SA = P\times\dfrac{l}{2}

SA = 25.6\times \dfrac{6.1}{2}

SA = 78.08 square inches

Therefore the surface area of the square pyramid will be 78.08 square inches.

To know more about a surface area follow

brainly.com/question/23773586

#SPJ1

4 0
2 years ago
molly works at an electronics store her last customer purchased a dvd player for $63.04 and five dvds for $58.27 including taxes
Alecsey [184]

Answer:

$78.69

Step-by-step explanation:

63.04+58.27=121.31

200-121.31=78.69

4 0
3 years ago
The point-slope form of a line that has a slope of 1/4 and passes through the point (3, 0) is shown. y-0-r-3) What is the equati
trapecia [35]

Answer:it’s the second option

Step-by-step explanation:

The answer is y=1/4x-3/4

5 0
3 years ago
A = {1, 2, 3, 4, 5 ,6 ,7} how many subsets of A INCLUDE {1, 3, 5} Write down all the sets ({})
jolli1 [7]

Answer:

total no of outcomes are '15'

outcomes are shown below.

Step-by-step explanation:

A = {1, 2, 3, 4, 5 ,6 ,7}

subsets which will include {1, 3, 5}

hence, the outcome are :

{1,2,3,5}, {1,3,4,5}, {1,3,5,6}, {1,3,5,7}, {1,2,3,5,6},{1,2,3,5,7},{1,2,3,4,5}, {1,3,4,5,6}, {1,3,4,5,7}, {1,2,3,5,7},{1,2,3,5,6}, {1,3,5,6,7},{1,2,3,4,5,6},{1,2,3,4,5,7}, {1,2,3,4,5,6,7}

so the total no of outcomes are '15'

5 0
3 years ago
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