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Author Question: A recent medical study shows that peanuts are one of the leading causes of high cholesterol. This ... (Read 92 times)

vicotolentino

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on: Jul 1, 2018
A recent medical study shows that peanuts are one of the leading causes of high cholesterol. This would cause the demand for peanuts to
 a. Shift to the left
 b. Shift to the right
 c. go down the demand curve
  d. not change

Question 2

Four possibilities have probabilities 0.4, 0.2, 0.2 and 0.2 and values 40, 30, 20, and 10 respectively. The expected value is:
 a. 22
  b. 24
  c. 26
  d. 28


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cloud

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Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

d


vicotolentino

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Reply 2 on: Jul 1, 2018
Gracias!

frankwu0507

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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