Answer:
profit : RS 150 and profit % : 3%
Step-by-step explanation:
for profit 10% for loss 4%
s.p will be 2750. s.p will be 2400
Total s.p : 2750 +2400. total s.p : 5150
profit = s.p-c.p. profit%=?
=5150-5000. profit = p /c.p × 100
=150 = 150/5000×100
= 3%
It will be 21/40
probability getting both white marbles
3/8×4/10=12/80
probability getting both black marbles
5/8×6/10=30/80
12/80+30/80=42/80= 21/80
Answer:
The profits for firma A and B will decrease.
Step-by-step explanation:
Oligopoly by definition "is a market structure with a small number of firms, none of which can keep the others from having significant influence. The concentration ratio measures the market share of the largest firms".
If the costs remain the same for both companies and both firms decrease the prices then we will have a decrease of profits, we can see this on the figure attached.
We have an equilibrium price (let's assume X) and when we decrease a price and we have the same level of output the area below the curve would be lower and then we will have less profits for both companies.
Answer:
Since the calculated value of z= -1.496 does not fall in the critical region z < -1.645 we conclude that the new program is effective. We fail to reject the null hypothesis .
Step-by-step explanation:
The sample proportion is p2= 7/27= 0.259
and q2= 0.74
The sample size = n= 27
The population proportion = p1= 0.4
q1= 0.6
We formulate the null and alternate hypotheses that the new program is effective
H0: p2> p1 vs Ha: p2 ≤ p1
The test statistic is
z= p2- p1/√ p1q1/n
z= 0.259-0.4/ √0.4*0.6/27
z= -0.141/0.09428
z= -1.496
The significance level ∝ is 0.05
The critical region for one tailed test is z ≤ ± 1.645
Since the calculated value of z= -1.496 does not fall in the critical region z < -1.645 we conclude that the new program is effective. We fail to reject the null hypothesis .
Answer:
A = $100(1.12)^2
Step-by-step explanation:
The standard formula for compound interest is given as;
A = P(1+r/n)^(nt) .....1
Where;
A = final amount/value
P = initial amount/value (principal)
r = rate yearly
n = number of times compounded yearly.
t = time of investment in years
For this case;
P = $100
t = 2years
n = 1
r = 12% = 0.12
Substituting the values, we have;
A = $100(1+0.12)^(2)
A = $100(1.12)^2
