Answer:
The answer is "Option A and Option B"
Step-by-step explanation:
In question 1:
The fixed cost=2621.21
The unit variable cost=35.58
Calculating the total cost for 45 boat slips:

In question 2:
It is the pure fixed costs that remain consistent in total regardless of dynamic loads. An overall cost B both for 1000 and 2000 unit is unchanged, therefore the Cost B is a fixed sum.
If Shelly is 3 years older than Michael and There 67. Michael is 64 and Shelly is 67. Or Michael is 67 and Shelly is 70.
Hope I helped. Have a wonderful day
Answer:
The expected net winnings for the bet are -$1.0526
Step-by-step explanation:
P(x =+$20) = P(Black outcome) = 18/38
P(x =-$20) = P(red outcome) + P(green outcome)
= 18/38 + 2/38 = 20/38
Hence the probability distribution of x = $20 , P(x) = 18/38
x = -$20, P(x) = 20/38
Expected value of the random variable x is given by ;
miu = Summation [xP(x)] = 20(18/38) - 20( 20/38)
= -$1.0526
hence, the expected net winnings for the bet are -$1.0526
This implies that if a player bet on a very large number of games, the player would on the average lose $1.0526 per single bet