If a six-sided die is rolled 90,000 times and a number one appears 15,000 times, the relative frequency of the number one appearing is ________.
A) 0.167
B) 90,000
C) 0.667
D) 15,000
A) 0.167
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Refer to the accompanying table. Pat's opportunity cost of delivering a pizza is making: Pizzas Made Per HourPizzas Delivered Per HourCorey126Pat1015
A. 3/2 of a pizza. B. 2/3 of a pizza. C. 12 pizzas. D. 10 pizzas.
The Great Depression had led economists to suggest a larger role for
A) market mechanism. B) government intervention. C) price mechanism. D) international trade.
If a firm is operating at an output that is a little less than the minimum point of its ATC curve, the marginal cost is
A. greater than ATC and rising. B. greater than ATC and falling. C. less than ATC and rising. D. less than ATC and falling.
An increase in the supply of capital, which is a complement to labor, will lead to
A) an increase in the quantity of labor demanded. B) a decrease in the demand for labor. C) an increase in the demand for labor. D) a decrease in the quantity of labor demanded.