I did this and the was 104. hope this helps :)
A = event that you select a black sweater
P(A) = 2/5 since there are 2 black out of 2+3 = 5 total
After you make a selection, we have the event
B = event that you select another black sweater assuming event A has happened already
P(B) = 1/4 because there's 1 black sweater left out of 5-1 = 4 left over
Multiply the probabilities
P(A and B) = P(A)*P(B)
P(A and B) = (2/5)*(1/4)
P(A and B) = 2/20
P(A and B) = 1/10
The answer as a fraction is 1/10
In decimal form, it is 0.1
As a percent, the answer is 10%
4+1 = 5
5 is the answer but you could also just subtract it a normal way
It’s 2 because it starts at 6 and the next time the line meets a point is at (4,-1) you go down one and over two and you put x/y so it’s 2/1 which is 2. I think that’s right
Answer: hello your question lacks some data hence I will be making an assumption to help resolve the problem within the scope of the question
answer:
≈ 95 units ( output level )
Step-by-step explanation:
Given data :
P = 2000 - Q/10
TC = 2Q^2 + 10Q + 200 ( assumed value )
<u>The output level where a purely monopolistic market will maximize profit</u>
<u>at MR = MC </u>
P = 2000 - Q/10 ------ ( 1 )
PQ = 2000Q - Q^2 / 10 ( aka TR )
MR = d (TR ) / dQ = 2000 - 2Q/10 = 2000 - Q/5
TC = 2Q^2 + 10Q + 200 ---- ( 2 )
MC = d (TC) / dQ = 4Q + 10
equating MR = MC
2000 - Q/5 = 4Q + 10
2000 - 10 = 4Q + Q/5
1990 = 20Q + Q
∴ Q = 1990 / 21 = 94.76 ≈ 95 units ( output level )
