What is the factored form of 30w+48
1 answer:
You might be interested in
Solution -
The probability of getting 6 from a single roll of a fair dice =
The probability of getting any other number rather than 6 would be
So when the outcome is 6, then he wins $5 ,otherwise he has to pay $2
So
E(X) = Expectation value = ( ∵ $5 gain so +ve and $2 loss so -ve)
=
∴ So Merrill will lose dollar
Answer:
-$11,000 is the economic profit or we can say it is a loss.
Step-by-step explanation:
The job paid Bob = $100000
The insurance cost is = $8,000
The material cost is = $15,000
The lease payments are = $8,000
The sales revenue is $120,000.
So, Bob's economic profit is:
Therefore, his economic profit is -$11000.