If a six sided die is tossed two times and "3" shows up both times, the probability of "3" on the third trial is
a. much larger than any other outcome.
b. much smaller than any other outcome.
c. 1/6.
d. 1/216.
c
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Suppose a company rents a building for $250,000 a year for the purpose of manufacturing between 80,000 and 140,000 units (the relevant range of activity). The rental cost per unit of production will __________ as production levels increase
a. behave in a nonlinear fashion b. increase c. decrease d. remain fixed
Stock shortages may be due to pilferage, bookkeeping errors, and undershipments by vendors
Indicate whether the statement is true or false
A dinnerware retailer plans retail operating expenses to be 38 percent of sales, a net profit margin of 5 percent of sales, and retail reductions to be 10 percent of sales. Its required initial markup needs to equal 48 percent
Indicate whether the statement is true or false
Under the Family and Medical Leave Act, covered employees are required to provide unpaid
leave for the statutory time periods allowed by law for: A) Care for a spouse, child, or parent with a serious health problem. B) Birth of, and care for, a child. C) Placement of a child for adoption or in foster care. D) A and B only. E) A, B, or C.