Which of the following markets is an example of monopolistic competition

Use the Rational Zeros Theorem to write a list of all potential rational zeros. f(x) = x3 - 5x2 + 8x - 24

masha68 [24]

If I remember correctly this would be obtained from the factors of -24

so i think its +/-1, +/-2, +/- 3, +/- 4, +/- 8, +/- 6 , +/-12, +/-24

Sorry but i cant be sure

6 0

3 years ago

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Thirty percent of all customers who enter a department store will make a purchase. Suppose that 6 customers enter the store and

torisob [31]

Answer:

Step-by-step explanation:

Let's use binomial distribution, because we are interested in find the total number of successes in a sequence of n independent experiments.

In probability, a binomial distribution is used in a Bernoulli process. That is, a sequence of experiments of n independent trials, each asking a dichotomous question, that means it only has two answers. One answer is a success (probability: p) and the other is a failure (probability: 1-p). In this case, every customer who enters in the store is the experiment. If they make a purchase is a success event, taking into account that every purchase decision has to be independent.

$P(X=x) = C(n,x)p^{x} (1-p)^{n-x}$

x= total number of success

n= total number of experiments

p=probability of success on an indivual trial

$C(n,x) = \frac{n!}{x!(n-x)!}$

a) x= 5 ------> customers that make a purchase

n= 6 ------> total customers

p=0.3

$p(X=5)= C(6,5)(0.3)^{5} (1-0.3)^{6-5} \\p(X=5)=0.102$

b) At least 3 customers make a purchase. x ≥ 3

$P(X\geq 3)=1-P (X=0)-P(X=1)-P(X=2)\\P(X\geq 3)=1-(C(6,0)(0.3^{0})(0.7)^{6}) - (C(6,1)(0.3^{1})(0.7)^{5}) - (C(6,2)(0.3^{2})(0.7)^{4})\\ P(X\geq 3) = 1-0.11765-0.30253-0.32414\\P(X\geq3)= 0.2557$

c) At most 2 customers make a purchase. x ≤ 2

$P(X\leq2) = P(X=0) + P(X=1) + P(X=2)\\P(X\leq2) = (C(6,0)(0.3^{0})(0.7)^{6}) + (C(6,1)(0.3^{1})(0.7)^{5}) + (C(6,2)(0.3^{2})(0.7)^{4})\\P(X\leq2) = 0.11765-0.30253-0.32414\\P(X\leq2)=0.7443$

d)At least 1 customer makes a purchase. x ≥ 1

$P(X\geq 1)=1-P(X=0)\\P(X\geq 1)= 1-C(0,6)(0.3)^{0}(0.7)^{6} \\P(X\geq 1)= 1-0.11765 = 0.8824$

e)They must be kind to customers, always willing to help and give information about products clearly and honestly.

Have enough inventory and offer promotions for the purchase of more than one product

Have an agile payment system that avoids rows and delays in purchases.

6 0

3 years ago

Write an equation for the line that is parallel to the given line and that passes through the given point. y = –5x + 3; (–6, 3)

Nutka1998 [239]

You would need a new y-intercept in order for this to be parallel. So you use the points given and the slope and fill it in. 3=-5(-6)+b. 3=30+b. Then subtract 30 from both sides. -27=b. Then just put it all back into slope intercept form. y=-5x-27.

3 0

3 years ago

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Please help with this question

mojhsa [17]

Equation a and equation c

8 0

3 years ago

Veronika [31]

Answer: 6.75% which rounds up to 7%

Step-by-step explanation:

5 0

2 years ago