Answer:
whats the answer hurry up
Explanation:
Answer:
0.2
Explanation:
The Probability distribution is the function which describes the likelihood of possible values assuming a random variable. The 10% of the items from the production line are assumed to be defective. There is a sample selection of 2 items. The probability that one of the item among the selected sample of two items is found defective is 0.2 (2 items sample *10%)
Answer:
The correct answer is option b.
Explanation:
The law of supply states that other things being constant, the price of the product and its supply are positively related. This means that an increase in price will cause the quantity supplied to increase and vice versa.
In a perfectly competitive market, the firms are price takers. So a decrease in the price of the product will cause its quantity supplied to decline. Or in other words, when the price falls, the firms will reduce output.
Answer:In fact in today's world there is no “true Free Market” in existence. ... The Open Market is a Market in which prices are determined by the forces of supply and demand, without government regulations or restrictions. It is “open to all Producers on equal terms” and restricted to the participation of Producers only
Explanation:In fact in today's world there is no “true Free Market” in existence. ... The Open Market is a Market in which prices are determined by the forces of supply and demand, without government regulations or restrictions. It is “open to all Producers on equal terms” and restricted to the participation of Producers only
The answer in the space provided is hindsight bias in which
this being referred to as the ‘I knew it all along effect’. This bias has the
tendency of which a person has viewed events that are usually happening that
they knew or predict what is most likely what to happen next.
