1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Basile [38]
2 years ago
10

Suppose that Paolo and Sharon are the only consumers of ice cream cones in a particular market. The following table shows their

monthly demand schedules: Price Paolo’s Quantity Demanded Sharon’s Quantity Demanded (Dollars per cone) (Cones) (Cones) 1 8 16 2 5 12 3 3 8 4 1 6 5 0 4 On the following graph, plot Paolo’s demand for ice cream cones using the green points (triangle symbol). Next, plot Sharon’s demand for ice cream cones using the purple points (diamond symbol). Finally, plot the market demand for ice cream cones using the blue points (circle symbol). Note: Line segments will automatically connect the points. Remember to plot from left to right. Paolo’s Demand Sharon’s Demand Market Demand 0 4 8 12 16 20 24 6 5 4 3 2 1 0 PRICE (Dollars per cone) QUANTITY (Cones)
Mathematics
1 answer:
Rudiy272 years ago
4 0
Suppose that Paolo and Sharon are the only consumers of ice cream cones in a particular market. The following table shows their monthly demand schedules: Price Paolo’s Quantity Demanded Sharon’s Quantity Demanded (Dollars per cone) (Cones) (Cones) 1 8 16 2 5 12 3 3 8 4 1 6 5 0 4 On the following graph, plot Paolo’s demand for ice cream cones using the green points (triangle symbol). Next, plot Sharon’s demand for ice cream cones using the purple points (diamond symbol). Finally, plot the market demand for ice cream cones using the blue points (circle symbol). Note: Line segments will automatically connect the points. Remember to plot from left to right. Paolo’s Demand Sharon’s Demand Market Demand 0 4 8 12 16 20 24 6 5 4 3 2 1 0 PRICE (Dollars per cone) QUANTITY (Cones)
You might be interested in
The scale factor of the larger prism to the smaller prism is 3/2. How do the volumes compare?
Ede4ka [16]

Answer: The volume changes by 3*3/2*3 or 27/8.

Step-by-step explanation:

8 0
3 years ago
Read 2 more answers
Express 4 cm as a fraction of 2 m
Amanda [17]
2m = 200cm

4/200

divide both sides by 4:
1/50


Hope this helps ^-^
3 0
3 years ago
A worker’s pay for one week was $312. She worked 39 hours. How much was she paid per hour?
Volgvan

To find out how much she earned hourly, all we need to do is divide 312 and 39

312 ÷ 39 = 8

Therefore, she was paid $8 per hour

Hope this helps!

8 0
2 years ago
Read 2 more answers
A bag contains 5 red marbles, 6 blue marbles and 9 yellow marbles.
lilavasa [31]

Answer:

Step-by-step explanation:

The total number of marbles is 20

Question A

P(Red) = 4/20 = 1/5

P(yellow) = 9/20

P(Red then Yellow) = 1/5 * 9/20 = 9 / 100

Question B

P(B) = 6/20

P(B again) = 5/19 because you  have 1 less total plus 1 less blue.

P(B and B) = 6/20 * 5/19

P(B and B) = 30/ 380 = 3/38

7 0
3 years ago
A large pool of adults earning their first driver’s license includes 50% low-risk drivers, 30% moderate-risk drivers, and 20% hi
Mamont248 [21]

Answer:

The probability that these four will contain at least two more high-risk drivers than low-risk drivers is 0.0488.

Step-by-step explanation:

Denote the different kinds of drivers as follows:

L = low-risk drivers

M = moderate-risk drivers

H = high-risk drivers

The information provided is:

P (L) = 0.50

P (M) = 0.30

P (H) = 0.20

Now, it given that the insurance company writes four new policies for adults earning their first driver’s license.

The combination of 4 new drivers that satisfy the condition that there are at least two more high-risk drivers than low-risk drivers is:

S = {HHHH, HHHL, HHHM, HHMM}

Compute the probability of the combination {HHHH} as follows:

P (HHHH) = [P (H)]⁴

                = [0.20]⁴

                = 0.0016

Compute the probability of the combination {HHHL} as follows:

P (HHHL) = {4\choose 1} × [P (H)]³ × P (L)

               = 4 × (0.20)³ × 0.50

               = 0.016

Compute the probability of the combination {HHHM} as follows:

P (HHHL) = {4\choose 1} × [P (H)]³ × P (M)

               = 4 × (0.20)³ × 0.30

               = 0.0096

Compute the probability of the combination {HHMM} as follows:

P (HHMM) = {4\choose 2} × [P (H)]² × [P (M)]²

                 = 6 × (0.20)² × (0.30)²

                 = 0.0216

Then the probability that these four will contain at least two more high-risk drivers than low-risk drivers is:

P (at least two more H than L) = P (HHHH) + P (HHHL) + P (HHHM)

                                                            + P (HHMM)

                                                  = 0.0016 + 0.016 + 0.0096 + 0.0216

                                                  = 0.0488

Thus, the probability that these four will contain at least two more high-risk drivers than low-risk drivers is 0.0488.

6 0
3 years ago
Other questions:
  • (10 points)4 5/6 + 9 5/9 =
    9·2 answers
  • Sarah can take no more than 22 pounds of luggage on the trip. her suitcase weigh s 112 ounces how many more pounds can she pack
    15·1 answer
  • On February 18, from 9 a.m. until 2 p.m., the temperature rose from –14°F to 36°F. What was the total increase in temperature du
    14·1 answer
  • What is the area of the figure? How do you find it?
    8·1 answer
  • What is the unit price if a package of 12 candy canes cost $4?
    9·1 answer
  • What is 8-4-5=-2-10+8
    15·1 answer
  • Chris buys 5 apples for $2.60 .How much does one apple cost​
    14·2 answers
  • A number b minus 4.2 is less than -7.5
    6·1 answer
  • Please help it’s due tmw and i really need help
    10·1 answer
  • using the substitution y = 3^x, show that the equation 9^x - 3^(x+1) + 2 can be written as (Y-1)(Y-2) = 0
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!