Answer: The probability that a randomly selected citizen has a favorable or unfavorable opinion is 1 or 100%.
In this question, we have only two answers favorable or unfavorable.
A person can't have both opinions at the same time.
So these events - favorable and unfavorable are mutually exclusive events i.e one event cannot occur when the other occurs.
Let P(F) be the probability of a person who has a favorable opinion
P(UF) be the probability of a person who has an unfavorable opinion
Now, the probability of either one of two mutually exclusive events occurring is:
Answer:
The overall Sales revenue at break even is $515995.872
Explanation:
The overall break even in dollars or the composite break even point is the Total revenue that a business must earn from all its products that should be equal to the total costs from all its products and there is no profit or no loss.
The formula for composite or overall break even in dollars is,
Break even in dollars = Fixed costs / Weighted average contribution margin ratio
Where the weighted average contribution margin ratio is the weghtage of each product in the overall sales mix multiplied by the contribution margin of each product.
The total sales mix is = 8 + 4 + 1 = 13
Weighted average contribution margin ratio = ((360 - 210) / 360) * 8/13 +
((500 - 300) / 500) * 4/13 + ((1600 - 600) / 1600) * 1/13 = 0.5814 or 58.14%
Break even in dollars = 300000 / 0.5814
Break even in dollars = $515995.872
If there is some discrepancy in the final answer, it will be due to the rounding off of the weighted average contribution margin ratio
Answer:
PV= $37,204.70
Explanation:
Giving the following information:
Interest rate= 6% compounded semiannually= 0.03
Future value= $50,000
Number of periods= 5*2= 10
To calculate the initial investment to reach the objective, we need to use the following formula:
PV= FV/(1+i)^n
PV= 50,000/(1.03^10)
PV= $37,204.70
The name which is given to the process when a company maintains its price but removes or prices separately is known as E. unbundling
<h3>What is Price?</h3>
This refers to the attached value which is given to a good or service that is exchanged for that particular value.
Hence, we can see that when a company removes freebies such as free delivery or installation but maintains its price is known as unbundling and is a market activity.
Read more about marketing here:
brainly.com/question/25754149
People will deploy from that bank and move to another bank to remain safe- if they believe the rumor. People usually believe rumors if they hear them enough while some people actually seek evidence and finding the truth vs the lie( or misassumption). For those people they will stay employed with that bank or at least give the bank the benefit of the doubt.
Please vote my answer brainliest. thanks!
