The average baggage-related revenue per passenger is $16.30 per passenger.
<h3>Expected value</h3>
Expected value formula: x×p(x)
First step
No passenger=0×.54
No passenger=0
Second step
One checked luggage for first bag=.30×$25
One checked luggage for first bag=$7.50
Third step
Two piece for the first and second bag=.16×($25+$30)
Two piece for the first and second bag=.16×$55
Two piece for the first and second bag=$8.80
Last step
Expected value=$7.50+$8.80
Expected value=$16.30
Therefore the average baggage-related revenue per passenger is $16.30 per passenger.
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Answer:
187 cm²
Step-by-step explanation:
The bottom rectangle area is easy, it is 15*9 = 135 cm².
To find the area of the triangle, you only need the base width and its height (you don't need the hypotenuse). You can then use the formula: area triangle is base times half height.
The base width is 15-7 = 8 cm
The height is 22-9 = 13 cm
So the area of the triangle is 13*8/2 = 52 cm²
Together with the 135 of the rectangle that sums to 52+135 = 187 cm².
Answer:
1st option
Step-by-step explanation:
to find f(g(x)) substitute x = g(x) into f(x) , that is
f(g(x))
= f(4x - 5)
= 2(4x - 5) + 1 ← distribute parenthesis
= 8x - 10 + 1
= 8x - 9
1.5 because is 2 inches is 20 bags the it be 1 inch for 10 bags, so going half of 10 is 5 and 1 divided by 2 is .5... so add up the 10 bags and 5 bags to get an answer of 1.5 inches.
The statement "everyone's individual demand for a particular good or service can be represented by the same demand curve " is false. Option B
This is further explained below.
<h3>What is
the demand curve?</h3>
Generally, In the field of economics, a demand curve is a graph that illustrates the relationship between the price of a particular commodity and the quantity of that commodity that is demanded at that price. Specifically, the graph shows how the quantity of a commodity is affected by the price of the commodity.
Demand curves may be used to analyze the price-quantity connection for a single customer, or they can be used to analyze the relationship for all consumers in a certain market.
In conclusion, It is a fallacy to assert that "everyone's individual need for a given commodity or service can be represented by the same demand curve."
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Complete Question
Everyone's indiviaual demand for a particular good or service can be represented by the same demand curve
True or false
