This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Define the following terms: a) risky outcome. b) probability. What will be an ideal ... (Read 72 times)

luminitza

  • Hero Member
  • *****
  • Posts: 555
on: Jun 29, 2018
Define the following terms: a) risky outcome. b) probability.
 
  What will be an ideal response?

Question 2

The figure above shows the market for airline tickets. In early 2008 firms negotiated lower wages with their workers. This change is shown in the figure as a shift from
 
  A) D0 to D1.
  B) D1 to D0.
  C) S0 to S1.
  D) S1 to S0.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

frogdreck123456

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 29, 2018
Answer to Question 1

a) An outcome is risky if it is not known with certainty in advance.
b) Probability is the frequency with which an outcome occurs.

Answer to Question 2

C


luminitza

  • Member
  • Posts: 555
Reply 2 on: Jun 29, 2018
:D TYSM

parker125

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Understanding cells in terms of their molecular components. Understanding cells in terms of their molecular components.
Anterior and lateral views of the body illustrating directional terms. Anterior and lateral views of the body illustrating directional terms.
Frequently Used Computer Terms Frequently Used Computer Terms
How to divide imaginary terms and complex numbers How to divide imaginary terms and complex numbers
How to use a tree diagram to find the probability How to use a tree diagram to find the probability
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
Video: Flexor reflex & Crossed extensor reflex

For a complete list of videos, visit our video library