The probability that he will call A is 1 out of 2 because A and B have the same percent of Hazard. The probability that he will call C is 0/3 because it is more hazardous than the rest.
Answer:
6.36 %
Explanation:
Unemployment means the state of being jobless but actively searching for work. Unemployed people are part of the labor force.
In the case of Albireo, the work-eligible population is 180 million.
There are 110 million workers in the labor force, and employment level is 103 million. It means that those in the labor force and are not employed are 110 million - 103 million.
The number of unemployed people = 7 million
The formula for calculating the rate of unemployment
= No. of unemployed people / No. in the labor force x 100
=7 million / 110 million x 100
=7/110 x 100
= 0.063 x 100
=6.36 %
Answer:
B. The results are objective.
Explanation:
Thei return with the information that customer demand for quality in their dinner weren't met.
When the customer order something it is a plate it likes therefore, it should not return the order. If it does then, the restaurant is not doing a good job in the quality department.
It should check now for either decrease in their quality or adapt into the customers preference change
Answer:
C. Both (i) and (ii) are true
Explanation:
Under perfect price discrimination, consumer surplus doesn't exist since the supplier is selling the good or service at the maximum price that each consumer is willing to pay. This situation maximizes supplier surplus.
Under perfect competition, both supplier and consumer surplus exist.
Since total social surplus = supplier surplus + consumer surplus, total surplus should be the same in both situations.