The degree to which quantity demanded changes after a price change is called?
1 answer:
You might be interested in
Answer:
Answer is displayed below in the picture.
Step-by-step explanation:
How do you calculate number of successes?
Example:
Define Success first. Success must be for a single trial. Success = "Rolling a 6 on a single die"
Define the probability of success (p): p = 1/6.
Find the probability of failure: q = 5/6.
Define the number of trials: n = 6.
Define the number of successes out of those trials: x = 2.
