Tom says he is comparing banks to see what interest rates they offer on savings accounts. Explain how Tom should use the informa
2 answers:
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It is given in the question that
Suppose the supply function for product x is given by
And we have to find how much of product x is produced when px = $600 and pz = $60.
And for that, we have to substitute 600 for px and 60 for pz, and on doing so, we will get
And that's the required answer .
<u>Events</u> A and B are called <u>independent</u>, when
otherwise events A and B are <u>dependent</u>.
The events A, B and A∩B are:
- A - Jane will go to a ballgame on Monday;
- B - Kate will go to a ballgame on Monday;
- A∩B - Kate and Jane both go to the ballgame on Monday.
Answer: events A and B are dependent