Answer:
Knowing the slope of activities allows project managers to compare which <u>Critical</u> activities to shorten
For a monopolist, price is above marginal revenue.
<h3>What is monopolist market?</h3>
A monopolist market is a market with managed alone.
The price of commodity should be greater than marginal revenue this is because until marginal revenue and cost are balance the business cannot expand.
But a high price above the revenue will equal to profit.
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Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
n = 160
p = 0.12
Explanation:
In a Binomial distribution two parameters are of great interest, n and p.
where n is the number of trials and p is the probability of success and (1 - p) is the probability of failure.
p = 12%
n = 160
Mean = E(X) = μ = n*p = 160*0.12 = 19.2
μ = 19.2
variance = σ² = np(1 - p) = 160*0.12(1 - 0.12) = 16.89
standard deviation = σ = √16.89 = 4.11
σ = 4.11