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larisa [96]
4 years ago
12

A retail establishment accepts either the American Express or the VISA credit card. A total of 24 percent of its customers carry

an American Express card, 61 percent carry a VISA card, and 11 percent carry both cards. What percentage of its customers carry a credit card that the establishment will accept?
Business
1 answer:
kozerog [31]4 years ago
6 0

Answer:

The answer is: 74% of its customers carry a credit card the store will accept.

Explanation:

  • Let A denote the event a customer carries American Express credit card (24%)
  • Let V denote the event a customer carries Visa credit card (61%)
  • Let AV denote the event a customer carries both credit cards (11%)

P(A ∪ V) = probability that a customer carries at least one credit card

P(A ∪ V) = P(A) + P(V) − P(AV)

P(A ∪ V) = 0.24 + 0.61 − 0.11 = 0.74

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According to path-goal theory, _____ are similar to initiating structure and include setting goals, showing subordinates how to
Oduvanchick [21]

Answer:

directive behaviors

Explanation:

Path-goal theory is a theory developed on the concept of leadership.

It believes that when the leader that is the management follows a directive behavior that is it straight away provides guidance about the responsibility of the job, the nature of work to be done and the method of doing such job, then it automatically creates a aim and objective of the work done.

Directive behavior influences lower management about the technique of doing job early and that the work is done in the manner defined.

This itself aims at descriptive in nature, along with being directive.

6 0
3 years ago
Which of the following cause the unemployment rate as measured by the Labor Statistics Department to overstate the true extent o
vichka [17]

Answer:

The correct answer is option A.

Explanation:

The bureau of labor statistics works under the department of labor. It collects information regarding, unemployment rate, types of employment, etc. It provides monthly data on the unemployment rate.  

The BLS considers people who are jobless, actively looking for work and available for work as unemployed. Those people who are jobless and not actively looking for work are considered discouraged workers. These workers are not included in the labor force.  

The unemployment rate is calculated as the ratio of a number of unemployed workers to the total labor force.  

In the survey by BLS, some discouraged workers falsely report themselves as actively looking for work even when they are not. These workers get included in unemployed workers and the total labor force. This causes the unemployment rate to be overstated.

4 0
3 years ago
Brent, a single taxpayer, has a 24% marginal tax rate. He is considering an investment that will earn qualified dividends at a r
Rashid [163]

Answer:

Brent's after-tax rate of return on the securities is 5.32%

Explanation:

Given a 7% before tax dividend rate and a 24% marginal tax rate, the after-tax rate of return will be 5.32% (7% x (100%-24%).

8 0
3 years ago
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valkas [14]
I believe the answer is: The revenue is always more than the cost. 

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3 0
4 years ago
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The process of opening up alternatives and considering many options is called
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