Answer:
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If a subsidy of $6.00 per unit is granted to the producers of a product with a perfectly inelastic demand, the effect will be to: option D.
<h3>What is a
subsidy?</h3>
A subsidy can be defined as an amount of money that is granted by the government or a public institution, so as to help a business firm (producers) keep the price of a product (commodity) or service low.
In this context, we can infer and logically deduce that the effect of a a subsidy of $6.00 per unit is granted to the producers of a product with a perfectly inelastic demand would lower the price of the product to consumers by $6.00 per unit.
Read more on subsidy here: brainly.com/question/6945210
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False, it moved downwards in order for the kings to expand
Answer:
<em>The probability that more than 3.75 gallons are used for any wash cycle is 0.8944 or 89.44%</em>
Explanation:
<u>Normal Distribution</u>
Some probabilistic events are modeled by using the so-called bell curve or normal distribution 
where 
is the mean and 
is the standar deviation. The cummulative values for the normal distribution are usually given as 'left tail' of the sum of all values less than certain maximum value. In other words, the value of 
is given by tables or any digital means because the cannot be directly computed by formulas. We used the Excel's formula called NORM.DIST(x,mean,standard_dev,cumulative).
The study case of the question provides the following data
And we are required to compute 
. Since the Excel formula gives us the left-tail value, we use the negation of that value to find our desired probability, that is:
We now find the value of NORM.DIST(3.75,4,0.2,TRUE)=0.1056. Thus
Thus the probability that more than 3.75 gallons are used for any wash cycle is 0.8944 or 89.44%
