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statuscvo [17]
3 years ago
12

According to the economics and statistics administration, 76.7% of u.s. households owned a computer in 2010 what is the probabil

ity that of three randomly selected u.s. households at least one owned a computer in 2001?
Business
1 answer:
Helen [10]3 years ago
3 0

The probability that of three randomly selected US households at least one own a computer in 2001 is  0.9176871. I am hoping that this answer has satisfied your query and it will be able to help you in your endeavor, and if you would like, feel free to ask another question.

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There are two polluting firms in an industry. Each firm is initially generating 200 tons of pollution each year. Each faces the
11Alexandr11 [23.1K]

Answer:

Permits will be the best option

Explanation:

Assuming the cost per ton of polution reduction follows a linear progression and it can reach zero

<u>The best option will be the permits:</u>

As Firm B will eliminate their polution and sale his permis to Firm A

That occur as Firm B is more efficient in doing this will sale to Firm A

In the end Firm A will have all the permits and continue to produce 200 tons

but Firm B will produce none achieving the goal of 50% reduction with the least economic impact.

This is a market solution which little intervention from the Gvernment

Cost to eliminate 200 polution with permits:

200 x $10 = 2,000

If we force each company to reduce pollution Firm A higher cost will create deadweight-loss

100 x $20 = 2,000

100 x $10 =  <u> 1,000</u>

                    3,000

8 0
3 years ago
Elaborate on the Factor Endowments Theory. This theory is based on the Comparative Advantage reason for trade, which stems from
weeeeeb [17]

A comparative advantage exists when the possible value of specialization is lower than that of different nations. The life of comparative advantage is, in turn, suffering from things consisting of abundance, productivity, cost of exertions, land, and capital.

Comparative gain refers back to the capacity to produce goods and services at a decreased opportunity value, no longer necessarily at a greater volume or quality. Comparative advantage is a key insight that trade will still arise despite the fact that one u . s . has an absolute advantage in all products.

Comparative gain is a key principle in global trade and paperwork the basis of why free change is useful to nations. The idea of comparative advantage indicates that even supposing a country enjoys an absolute advantage in the manufacturing of goods, trade can nonetheless be beneficial to each trading partner.

Learn more about Comparative Advantage here:brainly.com/question/2827889

#SPJ4

7 0
1 year ago
Henry hires ace roofing to put a new roof on his house. when ace comes, henry refuses to let them on the roof, saying that he ha
hammer [34]
ACE will end the contract. The home owner may be charged for default.
8 0
4 years ago
Explain what it means to own an individual stock.
OLEGan [10]

Answer:

to have part of the stock such as let’s say you had Walmart and you had some of the stock well you own part of the company and make money from it

Explanation:

8 0
2 years ago
Read 2 more answers
4. Now that you have calculated the number of workers needed each period in Problem 3, Tameka wants to see how the plan would ac
Orlov [11]

Answer:

47

Explanation:

i know it

8 0
3 years ago
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