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SpyIntel [72]
3 years ago
12

If there’s a 40% chance of making $1 million and a 60% chance of losing $600,000, then the expected monetary outcome is

Business
1 answer:
Aleks [24]3 years ago
6 0

Answer:

$-40,000

Explanation:

Calculation for the expected monetary outcome

Using this formula

Expected monetary outcome=Probability x Affect

Let plug in the formula

Expected monetary outcome=0.4 x $1,000,000=$400,000

Expected monetary outcome= 0.6x $600,000=$360,000

Expected monetary outcome=$360,000-$400,000

Expected monetary outcome=$40,000 loss

Therefore the Expected monetary outcome will be a loss of $40,000

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When crafting a business message with strong reasoning, it is important to back claims with Multiple choice question. broad gene
Dima020 [189]

Answer:

supporting facts

Explanation:

A business message with strong reasoning has as main objectives to convince a consumer to close a deal or an employee to perform certain tasks for example, the objective is always to support an idea and positively impact and convince the public of something.

Therefore, the most suitable option for a business message with strong reasoning is to use supporting facts, as the recipient of the message will feel much more transparency and security when believing in your message if it is supported by concrete facts that support it, and this can be a strong argument to strengthen and reaffirm your idea so that it is more convincing and supported.

8 0
3 years ago
Read the graph. What is the equilibrium price?
Arisa [49]

Answer:

$1.00

Explanation:

The equilibrium price is the prevailing market price represented by the intersection of the demand and supply curve. At the equilibrium price, the quantity demanded and quantity supplied match. It means that there are no shortages or excesses in demand or supply at the equilibrium price.

From the graph, $1 is the equilibrium price. It is the intersection of demand and supply curves.

5 0
3 years ago
What is 9 and 5/6 minus 3 and 3/6​
lawyer [7]

Answer:

9\frac{5}{6} - 3\frac{3}{6} = \frac{38}{6}

Explanation:

Since this is an example of mixed whole numbers and fractions, this are mixed fractions.

Since the denominator is the same (6), we are just going to create a proper fraction out of these mixed fractions by multiplying the denominator with the whole number and adding the numerator. Then, the result becomes the new numerator, while the denominator remains the same.

Therefore, we have:

9\frac{5}{6}  = \frac{59}{6}

3\frac{3}{6} = \frac{21}{6}

So when we subtract these two, we get \frac{38}{6}.

7 0
3 years ago
Read 2 more answers
Flexible Budgeting At the beginning of the period, the Fabricating Department budgeted direct labor of $9,280 and equipment depr
andriy [413]

Answer:

$11,000

Explanation:

Fabricating Department budgeted direct labor = $9,280

Depreciation remains constant at any level of production.

Budgeted labor rate = Budgeted direct labor ÷ Hours of production

                                  = $9,280 ÷ 640

                                  = $14.5 per hour

Direct labor cost = completed hours of production × Budgeted labor rate

                            = 600 × $14.5

                            = $8,700

Budget for the Fabricating Department at 600 hours of production:

Budgeted cost = Direct labor cost + Equipment depreciation

                         = $8,700 + $2,300

                         = $11,000

4 0
3 years ago
Suppose the central bank in the nation of Zook attempts to pay off its national debt by printing large amounts of currency. The
stiks02 [169]

Answer:

it would become worthless

Explanation:

if they keep printing loads of money then the individual Zook dollar would decrease in worth

8 0
2 years ago
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