A jar has 20 red jelly beans and 40 black jelly beans. If you pick a red jelly bean and put it back, what are the odds of picking a red jelly bean next?
A) 20/40
B) 20/60
C) 40/60
D) 0
B
Economics
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A business owner makes 100 . items a day. Each day he/she contributes 8 hours to produce those items. If hired, elsewhere he/she could have earned $250 an hour. The item sells for $15 each. Production does not stop during weekends. If the explicit costs total $150,00 . for 30 days, the firm's accounting profit for the month equals:
a. $300,000 b. $60,000 c. $450,000 d. $240,000
Economics
What do critics of social regulation need to remember about government?
What will be an ideal response?
Economics