Answer:
Kindly check explanation
Explanation:
Given that :
Initial wealth = $1000
Cost of lottery = $5
Winning = $500
Number of players or tickets = 100
Only one winner can emerge :
P(winning) = 1/100
P(Not winning) = 1 - 1/100 = 99/100
P __ 1/100 _________ 99/100
X : [1000 + (500-5)] ___ (1000-5)
P(X): ____1/100 _______ 99/100
X : _____ 1495 _________995
Expected value E(x) :
E(X) = ΣX*p(x) = (1/100)*1495 + (99/100)*995 = 1000
C.)
Possible winning = $500 ; p(x) = 1/100
Possible loss = - 5 ;p(x) = 99/100
500 * (1/100) = 5
-5 * (99/100) = - 4.95
Σ(5 + - 4.95) = 5 - 4.95 = 0.05
Hence, gamble is favorable since 0.05 > 0
The manufacturing shop is producing custom photo imprinted mouse pads for clients. The startup equipment cost $400. A mouse pad has a production cost of $3. The retail sale is $12.
1). Write a cost function
2). Write a revenue function
3). Give the break-even point
Please help me answer all 3 questions, thanks!
Answer:
[tex]c(x) =400 + 3x[/tex]
[tex]r(x) = 12x[/tex]
[tex]x = 44.44[/tex]
Explanation:
Given
Cost
[tex]Equipment = 400[/tex]
[tex]Production = 3[/tex] per mouse pad
Revenue
[tex]Sales\ Price = 12[/tex]
Solving (a): The cost function
Let the number of mouse pad be x and the cost function be c(x).
[tex]c(x) =Equipment + Production * x[/tex]
[tex]c(x) =400 + 3 * x[/tex]
[tex]c(x) =400 + 3x[/tex]
Solving (b): The revenue function
Represent this with r(x)
[tex]r(x)= Sales\ Price * x[/tex]
[tex]r(x)= 12 * x[/tex]
[tex]r(x)= 12 x[/tex]
Solving (c): The break-even point
This is the point where r(x) = c(x)
So, we have:
[tex]12x = 400 + 3x[/tex]
Collect Like Terms
[tex]-3x+12x = 400[/tex]
[tex]9x = 400[/tex]
Solve for x
[tex]x = \frac{400}{9}[/tex]
[tex]x = 44.44[/tex]
Classifying assets liabilities and owners equity
1. Cash
2. Alice Jones, Capital
3. Prepaid insurance
4. Steward supply company (a creditor)
5. Supplies
6. Any amount owed
7. Owners capitol account
8. Anything owned
Caitlyn has worked in HR for Clearwater Electronics for more than 20 years. She has found that many employees are now more concerned with working in an environment where they can grow personally than with their level of compensation. How can Caitlyn and the HR department best provide opportunities for their employees to grow?
Answer:
A) HR can provide training and development activities to help employees improve.
Explanation:
In a work environment where employees prioritize personal growth, it is necessary for the human resources department to implement training and development strategies for employees.
The focus on training and organizational development allows companies to develop diagnoses, discover the potential of employees, correct errors, reorganize the work according to the potential of each employee, etc., which makes the work more satisfying, more productive because it motivates and increase employee satisfaction, in addition to being essential for the development of creativity, innovation and differentiated skills.
The best way that Caitlyn and the HR can best provide opportunities for their employees to grow is through the provision of training and development activities to help employees improve.
This question obviously tells us that the employees are less concerned about the pay they receive compared to the growth that they can attain personally.
A way that would help them to attain the growth in their job is through trainings and other development activities.
These would help them to learn new skills and also get better at their jobs.
Read more on https://brainly.com/question/19089510?referrer=searchResults
The game hides the amount of cookies-per-second a new "vendor" (the grandmothers, the cookie farm, the mines, etc.) will grant you until you have purchased your first unit of that upgrade. How did that affect your strategy? How is that similar or different from what real businesses confront when creating a business plan?
For 1 How does grandma have so many cookies??? For 2 if i eat 555 cookies then imma have diabetes. and for 3 there really is no way to find this out. The only way to find out how many cookies there is now it to see how much cookies there were before and you cant do that without seeing how much is in there now. Its a catch 22.
Explanation:
You deposit $1,500 in a bank where you have a savings account. The bank
pays you an interest of 5% per month. But later, the bank reduces the
interest rate from 5% to 3%, and that reduces your interest earnings from
$75 to $45.
What kind of risk explains the given situation?
what is the element of demography
Answer:
Demographics can include any statistical factors that influence population growth or decline, but several parameters are particularly important: population size, density, age structure, fecundity (birth rates), mortality (death rates), and sex ratio (Dodge 2006). We introduce each of these in turn.
Explanation:
Brainliest PLZ
Next Saturday, best friend, Sol, and I will have separate acts in a citywide talent contest. But we've just made a _____ with each other that will help us from feeling jealous if one of us wins and one loses. We've decided that if one of us wins, that person will share the prize money with one another.
Answer:
truce
Explanation:
Here is the full question :
Next Saturday, my best friend. Sol and I will have separate acts in a citywide talent contest. But
we've just made a _____with each other that will help us from feeling jealous if one of us
wins and one loses. We've decided that if one of us wins that person will share the prize money
with the other one.
Which word BEST completes the sentence?
truce
alliance
treaty
pact
A truce is an agreement between people to stop fighting for a limited.
Sol and his best friend made an agreement that would stop them from fighting
A pact is an agreement between people
Answer:
Truce (that the correct one).
Explanation:
When a formula is cut and pasted or moved without copying, what will Excel do by default?
Answer:
Excel will automatically change the cell address to reflect the destination location.
Explanation:
Reason being that if you cut and paste it in another cell, the worksheet formular will be unchanged
Answer:
A.) Excel will maintain references to the same cells used in the original formula.
Explanation:
I just got this answer on edg!
Hope this helps have a good day. :)
What is a loan???????????
Answer:
Uhm i did not see the points at first lol im in 6 grade
Explanation:
In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed.- WIKEPIDIA
Answer:
yes
Explanation:
Who was probably the most famous anonymous source in 20th-century journalism?
Answer: Deep Throat. I know it may sound weird but that’s the answer
Explanation: Hope this helps
Rodney owes $1,541.05 on his credit card. His card has an APR of 16.29%, compounded monthly. Assuming that he makes no payments and no purchases, how much will he owe after one year?
a.
$1,561.97
b.
$1,811.70
c.
$1,792.09
d.
$1,541.05
Please select the best answer from the choices provided
A
B
C
D
Answer:
b. $1,811.70
Explanation:
3. How would the length of the shadow at noon compare with the length of the shadow in the late afternoon?
In the morning your shadow will point west and in the afternoon it will point east. If your shadow is long, it is near sunrise or sunset. Your shadow is shortest around noon
The length of the shadow at noon would is quite different from the length of shadow in late afternoon.
What is Shadow?A shadow is a dark spot that is created when light is blocked.
The light could be blocked by an object thereby creating a shadow.
The length of shadow varies depending on the angle of the light.
Therefore, the length of the shadow at noon would is quite different from the length of shadow in late afternoon.
Learn more on shadow here,
https://brainly.com/question/922673
#SPJ2
One of the purposes of market segmentation is to determine the best customer for the service or product and then to target that group
through marketing.
True
False
Answer:
true
Explanation:
What is the best playlist in spotify for juice wrld?
Answer:
Blastoff (feat. Juice Wrld & Trippie Redd)Internet Money, Juice WRLD, Trippie Redd • B4 The Storm.
Explanation:
that one ok
Answer:
Juice wlrd playlist
by spotify it shows many of his biggest hits
Explanation:
what is the importance of identifying target markets?
Answer:
Identifying a target market allows marketers to focus on those most likely to purchase the product. Limiting the population funnels research and budgets to the customers with the highest profit potential
After getting her degree in marketing and working for 5 years for a large department store, Sally started her own specialty shop in a regional mall. Sally's current lease calls for payments of $1,000 at the end of each month for the next 60 months. Now the landlord offers Sally a new 5-year lease that calls for zero rent for 6 months, then rental payments of $1,050 at the end of each month for the next 54 months. Sally's cost of capital is 11 percent. By what absolute dollar amount would accepting the new lease change Sally's theoretical net worth?
Answer:
$3,751.90
Explanation:
we must find the present value of both alternatives
alternative 1, keep paying $1,000 per month for 60 months
present value = monthly payment x PV annuity factor
monthly payment = $1,000
PV annuity factor = [1 - 1/(1 + 0.9167%)⁶⁰ ] / 0.9167% = 45.9136
present value = $1,000 x 45.91361 = $45,991.36
alternative 2, pau $1,050 per month for 54 months starting after 6 months
monthly payment = $1,050
PV annuity factor = [1 - 1/(1 + 0.9167%)⁵⁴ ] / 0.9167% = 42.4406
present value in 6 months = $1,050 x 42.4406 = $44,562.63
present value today = $44,562.63 / 1.055 = $42,239.46
Sally's net worth increases by $45,991.36 - $42,239.46 = $3,751.90