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4 years ago

An event is called _____ if the probability it will occur equals 1.

Business

2 answers:

Inessa05 [86]4 years ago

7 0

certain or you can put certainly

Ann [662]4 years ago

6 0

The term that would best describe an even in which its probability would be equal to one is "almost surely." In addition, this "almost certainly" and "almost always" are also used to define this phenomenon. We can find the probability of an event by calculating the outcomes of that single event.

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Which economic system supports government control of major basic industries but allows a high degree of personal and economic fr

Artemon [7]

Answer:

mixed economic system

Explanation:

3 0

3 years ago

You invested a total of $8,400 in shares of the three stocks at the given prices, and expected to earn $248 in annual dividends.

Taya2010 [7]

Answer:

WSR's stock = 100

HCC's stock = 50

SNDK stock = 50

Explanation:

let W = WSR's stock

let H = HCC's stock

let S = SNDK stock

W + H +S = 200

16W + 56H + 80S = 8,400

(16 X 7%)W + (56 X 2%)H + (80 X 2%)S = 1.12W + 1.12H + 1.6S = 248

-1.12(W + H +S) = -1.12 x 200

-1.12W - 1.12H - 1.12S = -224

1.12W + 1.12H + 1.6S = 248

0.48S = 24

S = 24/0.48 = 50

W + H + S = W + H + 50 = 200

W + H = 150

16W + 56H + 80S = 16W + 56H + 4,000 =8,400

16W + 56H = 4,400

-16(W + H) = -16 X 150

-16W -16H = -2,400

16W + 56H = 4,400

40H = 2,000

H = 2,000 / 40 = 50

W + H +S = 200

W + 50 + 50 = 200

W + 100 = 200

W = 100

7 0

4 years ago

Deadweight loss is A. the reduction in consumer expenditure resulting from market failure. B. the reduction in economic surplus

never [62]

Answer:

The answer is: B) The reduction in economic surplus resulting from a market not being in competitive equilibrium.

Explanation:

Deadweight loss is an economic cost to society as a whole when market inefficiencies occur preventing it from reaching its equilibrium point. Market inefficiencies are caused by incorrect allocation of resources.

For example if a price ceiling is established, suppliers will tend to lower the quantity supplied while the quantity demanded either increases or stays the same. That economic deficiency resulting from an unsatisfied demand is what we call deadweight loss.

Other causes for deadweight loss are price floors (reduction of the quantity demanded) and taxation (shifts on the demand or supply curves).

5 0

4 years ago

Which of the following is the best reason to avoid bankruptcy

rosijanka [135]

I would go with C)it's harder to get credit if you have filed bankruptcy

8 0

4 years ago

Read 2 more answers

Fox company’s static budget shows $40,500 budgeted for direct materials, $54,000 budgeted for direct labor, and $13,500 budgeted

Elis [28]

Answer:

correct option is D : $1,200, favorable

Explanation:

given data

direct materials = $40,500

direct labor = $54,000

overhead = $13,500

actual direct materials = $42,000

actual direct labor = $51,000

actual overhead = $13,800

to find out

total difference between the static budget and actual and difference favorable or unfavorable

solution

we know that If the actual is less than budget that is favorable condition

and If the actual are more than the budgets, it is called as unfavorable condition

so here

Budgets Actual Condition

Direct Materials 40500 42000 1500 unfavorable

Direct Labors 54000 51000 3000 favorable

Overheads 13500 13800 300 unfavorable

so that Total Difference and Condition = 1200 favorable

so correct option is D : $1,200, favorable

8 0

4 years ago