Identify all of the following that are prime numbers
1 answer:
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Answer:
50.40% probability that all 4 are different.
Step-by-step explanation:
A probability is the number of desired outcomes divided by the number of total outcomes.
Desired outcomes:
4 digits, all different
For the first digit, it can be any of them, so there are 10 possible
For the second digit, it can be any of them other than the first digit. So there are 9 possible.
For the third digit, it can be any of them, other than the first and the second. So there are 8 possible.
By the same logic, 7 possible digits for the fourth. So
Total outcomes:
4 digits, each can be any of them(10 from 0 - 9).
So
Probability:
50.40% probability that all 4 are different.
Answer:
The correct answer is NO. The best price to be charged is $3.75
Step-by-step explanation:
Demand equation is given by Q = 30 - 4P, where Q is the quantity of necklaces demanded and P is the price of the necklace.
⇒ 4P = 30 - Q
⇒ P =
The current price of the necklace $10.
Revenue function is given by R = P × Q = × ( 30Q -
)
To maximize the revenue function we differentiate the function with respect to Q and equate it to zero.
=
× ( 30 - 2Q) = 0
⇒ Q = 15.
The second order derivative is negative showing that the value of Q is maximum.
Therefore P at Q = 15 is $3.75.
Thus to maximize revenue the price should be $3.75.