Answer:
-$2.4
Explanation:
Costs of lottery ticket $10 per ticket.
100 tickets available to be sold
One $430 prize
two $105 prizes
four $30 prizes
100 available tickets -7 prizes= 93
P(430) = 1/100
P(105) = 2/100
P(30) = 4/100
P(-10) = 93/100
-10(93/100) + 30-10 (4/100) + 105-10 (2/100) + 430-10 (1/100)
= -10(93/100) + 20(4/100) + 95(2/100) + 420(1/100)
= -9.3 + 0.8 + 1.9 + 4.2 = -2.4
Therefore the expected loss will be $2.4
<span>Option A. Greater consumption leads to unhappiness. Affluenza as a term was used as far back as the 50s by critics of consumerism to describe a painful, contagious, socially transmitted condition of overload, debt, anxiety, and waste resulting from the dogged pursuit of more. This pursuit leads to more and more unhappiness. In their book "When Too Much is Never Enough" Clive Hamilton and Richard Denniss pose the question: "If the economy has been doing so well, why are we not becoming happier? They argue that affluenza causes overconsumption because there's excess or surplus for rich consumers.</span>
Answer:
1. New-product strategy development.
2. Idea generation.
3. Screening and evaluation.
4. Business analysis.
5. Development.
6. Market testing.
7. Commercialization.
Explanation:
New product strategy is the first one as described and the remaining are briefed below:
Idea Generation: This steps creates the idea for how the product shall be created.
Screening and evaluation: This helps in evaluating the idea generated and comparing it with the practical manner.
Business Analysis aims at analyzing the business prospect of the new product.
Development is done once all of the above steps are in affirmation.
Market testing is done after the development about the market captured by the product or to be captured.
Commercialization basically aims at the proper introduction of the product in the market.
Answer:
B, The quantity demanded is the same as the quantity supplied.
Explanation:
Because the quantity supplies must be at lest equal to the quantity demand, in order to satisfy the market and not lost it.
Answer:
$2,222,222.22
Explanation:
The data provided in the question
Annual scholarship provided = $100,000
Guaranteed rate of return = 4.5%
So by considering the above information, the amount i.e deposited today is
= Annual scholarship provided ÷ Guaranteed rate of return
= $100,000 ÷ 4.50%
= $2,222,222.22
By dividing the annual scholarship by the rate of return we can get the deposited amount
