Answer:
Step-by-step explanation:
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The quantity demanded would increase due to the cheaper price people would want to take advantage and buy it when it was on sale. There is not enough information to determine whether the supply or demand would maintain so D is your answer.
Answer:
The appropriate solution is:
(1) 22.81 minutes
(2) 0.171
Step-by-step explanation:
According to the question, the values will be:
The service rate of guess will be:
= 
= 
The mean arrival rate will be:


The mean service rate will be:

(1)
The average time a cab must wait will be:
⇒ 
⇒ 
⇒ 
⇒ 
(2)
The required probability will be:
⇒ 
⇒ 
⇒ 
Well, if both Alexis and Tara mine salt for 40 hours... they'd have mine 1,000 pounds of salt. Is this what you were looking for?