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One professor grades homework by randomly choosing 5 out of 10 homework problems to grade.
(a) How many different groups of 5 problems can be chosen from the 10 problems? (Enter an exact number.) groups
(b) Probability extension: Jerry did only 5 problems of one assignment.
What is the probability that the problems he did comprised the group that was selected to be graded? (Enter a number. Round your answer to four decimal places.)
(c) Silvia did 7 problems. How many different groups of 5 did she complete? (Enter an exact number.) groups
What is the probability that one of the groups of 5 she completed comprised the group selected to be graded? (Enter a number. Round your answer to four decimal places.)
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q.let the inverse demand curve be d q 56 - 2q q q1 q2. costs for each firm are a constant variable cost of 2 a unit
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A monopolist faces a demand curve given by: P = 70 - 2Q, where P is the price of the good and Q is the quantity demanded. The marginal cost of production is constant and is equal to $6. There are no fixed costs of production. How much output shoul..
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