Answer: Option 'A' is correct.
Step-by-step explanation:
Since we have given that
30% chance that the company will lose $30000.
40% chance of a break even that there is no loss and no profit.
30% chance that the company will profit $ 60000.
As we know the formula for "Expectation":
So, Expected value will be
Expected value is $9000. So, the company should proceed with the project.
Hence, Option 'A' is correct.
Answer:
A. Fun at the water park
Step-by-step explanation:
The definition of opportunity cost is "the loss of potential gain from other alternatives when one alternative is chosen" - oxford dictionary.
Since Hugo is giving up a fun day at the water park, that is what he is missing aka his opportunity cost
Answer:
24a+6=12a
Step-by-step explanation:
6(4a+1)
24a+6
2a X 6= 12a
24a+6=12a
Answer:
6 minutes
Step-by-step explanation:
2 degrees per minute
so you need 12 degrees so 12/2 = 6 degrees
Answer:
Hello, The correct answer is A. $7,708. Good luck!!
