Answer:
probability = 0.183 %
Explanation:
given data
produce products = 3 %
probability for producing products b = 6.1
solution
Both companies produce different products and the likelihood of bankruptcy varies depending on the product produced. So, the bankruptcy potential of A and B companies is independent.
we will multiply the probability of each company's bankruptcy and that will be
probability = P(A=bankrupt) × P(B=bankrupt)
probability = 3% × 6.1%
probability = 0.183 %
Scarcity-fundamental economic problem facing all societies that results from a combination of scarce resources and people's virtually unlimited wants
Many people wanted to get jobs in factories for example and kids work now and they worked in horrible conditions and got very little pay
First its very efficent.it runs really fast and produces twice as mutch pruducts. on the other hand its like a nuclear bomb
