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yuradex [85]
4 years ago
6

A survey of top executives revealed that 35% of them regularly read time magazine, 20% read newsweek, and 40% read u.s. news &am

p; world report. a total of 10% read both time and u.s. news & world report. what is the probability that a particular top executive reads either time or u.s. news & world report regularly?
Business
1 answer:
ioda4 years ago
7 0

Answer: The probability that  a particular top executive reads either time or US news and world report regularly is 0.65

Explanation: Let's say TM represents Time Magazine, NS represents Newsweek, and UW represents U.S news & World report.

Probability of TM readers (P.TM) = 0.35

Probability of UW readers (P.UW) = 0.40

Probability of both TM and UW readers (P.TM ∩ P.UW) = 0.10

Probability of both TM or UW readers (P.TM ∪ P.UW) = ?

Given the probability equation of:

(P.TM ∪ P.UW) = (P.TM) + (P.UW) - (P.TM ∩ P.UW)

= 0.35 + 0.40 - 0.10

= 0.65

Therefore the probability that  a particular top executive reads either time or US news and world report regularly is 0.65

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Suppose that the government wishes to decrease the market equilibrium monthly rent by increasing the supply the housing. Assumin
Allisa [31]

Answer:

  • ,000 new apartments will make the equilibrium price = $1,500
  • 10,000 new apartments will make the equilibrium price = $1,000
  • 15,000 new apartments will make the equilibrium price = $500

Explanation:

<u>Rent</u>                                <u>Demand</u>                           <u>Supply</u>

2,500.00                        10000                               15000

2,000.00                         12500                               12500

1,500.00                         15000                               10000

1,000.00                         17500                                 7500

500.00                           20000                               5000

The equilibrium quantity is 12,500 apartments with a $2,000 rent per month. If the government wants to lower the equilibrium rent price by increasing the supply of apartments, then it must build:

  • 5,000 new apartments will make the equilibrium price = $1,500
  • 10,000 new apartments will make the equilibrium price = $1,000
  • 15,000 new apartments will make the equilibrium price = $500
8 0
3 years ago
You are considering a project in Norway with an initial cost of NKr135,000. The project is expected to return a one-time payment
MA_775_DIABLO [31]

Answer:

The payment will be approximately at the end of 5 Years of $27,764.28, so option a is the correct one

Explanation:

In order to calcualte The exchange rate at the end of five years is we have to use the following formula:

= 7.0305 * {(1+ interest rate in Norway)/(Interest rate in US)}^5

= 7.0305 * [(1.031)/(1.026)]^5

= Nkr 7.2035 / $

= $1/7.2035 / Nkr

= $0.1388 / Nkr

Henche, The payment to be recieved at the end of 5 years will be NKr 200,000, therefore the value of the payment in dollars is = $27,764.28

8 0
3 years ago
Jamarcus, a full-time student, earned $2,500 this year from a summer job. He had no other income this year and will have zero fe
Ne4ueva [31]

Answer:

The correct answer is: No, Jamarcus is not required to file a tax return.

Explanation:

According to the Internal Revenue Service (<em>IRS</em>) requirements for 2019, taxpayers who are single under 65 years-old with an income of <em>$12,200</em> or higher must file a tax return. Taxpayers who are 65 years old or older with an income of <em>$13,850</em> or higher are also obligated to report their income to the IRS.

Thus, <em>as Jamarcus' income for the year was $2,500 only, he is not required to file a tax return</em>.

4 0
4 years ago
What measures can Nando’s use to assess environmental turbulence within the macro-environment?
SOVA2 [1]

The two measures which can be used by Nando’s to assess environmental turbulence within the macro-environment are predictability and changeability.

<h3>What is an environmental turbulence?</h3>

An environmental turbulence can be defined as a measure of the rate and unpredictability of changes that occurs in a business firm's external environment.

In this context, we can infer and logically deduce that the two (2) measures which can be used by Nando’s to assess environmental turbulence within the macro-environment are predictability and changeability.

Read more on environmental turbulence here: brainly.com/question/20377406

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8 0
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Under a system of private property, could a 60-year-old owner of a tree farm benefit by planting and caring for a crop of dougla
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Yes, as the trees develop and the harvest draws nearer, the farmer will gain from an increase in the value of the  private property.

What do you mean by Private property?

Real estate that is owned by people or organisations other than the government is referred to as private property. Land, buildings, things, and intellectual property are all examples of private property (copyright, patent, trademark, and trade secrets). Private property is often given away, sold, or transferred with the owner's permission.

To learn more about Private property
brainly.com/question/5321219
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3 0
1 year ago
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