Answer:
E) Choco Dream faces increasing marginal opportunity cost in the production of liquor chocolates.
Step-by-step explanation:
When Choco Dream increased their production of liquor chocolates by 500 units (to 4,500 bars per month), their opportunity was 800 units of dark chocolate. But when they needed to increase liquor chocolates by 500 more units (to 5,000 bars per month), then the opportunity cost increased to 1,000 units of dark chocolate.
That means that for the first 500 extra liquor bars, the opportunity cost = 800 dark chocolate bars / 500 liquor bars = 1.6 dark chocolate bars for every extra liquor bar.
The second increased required a higher opportunity cost = 1,000 dark chocolate bars / 500 liquor bars = 2 dark chocolate bars for every extra liquor bar.
Tricia should take the money that she already has saved no matter how little it is and split it evenly between savings and emergency needs
The side of the congruent side of the triangle should be greater than 7 feet.
Answer: Our required probability is 0.65.
Step-by-step explanation:
Since we have given that
18-20 Not 18-20 Total
Male 0.23 0.35 0.58
Female 0.16 0.26 0.42
Total 0.39 0.61 1
P(female or between 18-20) = P(female) + P(18-20) - P(Female and 18-20)
P(female or between 18-20) = 0.42+0.39-0.16
P(female or between 18-20) = 0.65
Hence, our required probability is 0.65.
