Answer:
x = 20,000
p = $40
If the price increase by $1, the demand will decrease by 1000
Step-by-step explanation:
Given:
x = 160 - p
x = number of Robby costumes demanded in thousands
p = price in dollars.
a. How many costumes can be sold at a price of $140?
x = 160 - p
x = 160 - 140
= 20
x = 20,000
20 thousand costumes can be sold at a price of $140
b. What price should be charged if the demand is 120,000 Robby costumes?
x is in thousand
p is in dollars
x = 160 - p
x + p = 160
120 + p = 160
p = 160-120
= 40
p = $40
c. If the price increases by $1.00, by how much does the demand decrease?
x = 160 - p
= 160 - 141
= 19
x= 19,000
If the price increase by $1, the demand will decrease by 1000
Answer:
7 hours
Step-by-step explanation:
John already has $100 in his account if he works for 7 hours he will make $85.75 which is more than enough and he will have $185.75. If he worked for 6 hours he will make only $73.50. Which then he will have $173.50. So that is why the answer is 7 hours.
Spinning a roulette wheel 6 times, keeping track of the occurrences of a winning number of "16". Select one:
Answer: The correct option is d. Procedure results in a binomial distribution.
Explanation: The binomial distribution should follow the below assumptions
The given random experiment has fixed number of trials. Here in the given random experiment there are 6 trials.
There are only two outcomes, labelled as "winning" and "losing". The probability of outcome "winning" is the same across the fixed trials. Here in the given example, we have an experiment, which has only two outcomes, either winning or losing. Also, the probability of winning across all the six trials.
The trials are independent. Here in the given experiment each trial is independent of other trial.
From the above consideration, we can clearly say that the given procedure follows binomial distribution.
Change 25% to a decimal
0.25x25=6.25
so around 6 members r new
Answer:
125 minutes total.
Step-by-step explanation:
You do:
25 times 5
= 125 minutes.