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tensa zangetsu
5 days ago
14

A recent news story reported that the Organization of Petroleum Exporting Countries is expected to decrease the supply of oil ne

xt summer. Summer is traditionally a time of increased demand for oil because of vacation travel. What would be the combined effect of these two events on the summer market for gasoline? a. an increase in the price and the quantity.b. an increase in the price and an un-predictable change in the quantity.c. an un-predictable change in both the price and the quantity.d. an un-predictable change in the price and a decrease in the quantity.
Business
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Identify a realistic scenario that poses both fallacious and valid arguments.
arsen [3447]
Two individuals who have been awake for 76 hours, lacking nutrition, become dehydrated. They begin to discuss their belief systems and come to the realization that their actions are misguided.
5 0
1 month ago
If the probability is 0.54 that Stock A will increase in value during the next month and the probability is 0.68 that Stock B wi
marusya05 [3725]

Answer:

The likelihood that neither of the stocks will rise is 0.14.

Explanation:

According to the Complement Rule, the combined probabilities of an event and its complement total 1.

Given the probabilities of Stock A or B increasing, to find the likelihood that neither will happen, we need to consider their complements.

The complement for Stock A =1-0.54=0.46

The complement for Stock B =1-0.68=0.32

To calculate the probability of both events not occurring, we multiply these complements.

The probability that neither of these two events occurs is 0.46 x 0.32 = 0.1472‬

7 0
2 months ago
One local hospital has just enough space and funds currently available to start either a cancer or heart research lab. If admini
marusya05 [3725]

Answer:

The total payoff is  $50000

Explanation:

solution

The payment is represented at a certain point in a circular format.

This reflects the cumulative results and their probabilities.

The total payoff point is

total payoff  = 0.5 × $100,000 + 0.5 × 0

total payoff  =  $50000

It indicates that the best decision would be the cancer lab, as it presents the highest expected return of 60000  

 

8 0
2 months ago
If your credit card limit is $800 and your outstanding balance is $725, what is the largest amount you can charge on that card i
Free_Kalibri [3773]

Answer:

The correct selection is option "C": $75.

Explanation:

The outstanding balance on a credit card shows how much the user has spent against the card's credit limit. It also indicates the debt owed to the issuing bank. Once the outstanding balance is cleared, the total credit limit becomes available again.

Therefore, with a credit limit of $800 and an outstanding balance of $725, the maximum amount the account holder can charge next month is $75 ($800-$725 = $75).

3 0
3 months ago
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