Question

A small burger joint sells on average 80 beef burgers, 49 chicken burgers, and 23 vegetable burgers on any given day. What is the probability that the first chicken burger sold on a given day is the fourth or fifth burger sold?

Answer #1

i know B is wrong and not sure which choice is correct. can
someone show the correct calculation procedure?
the question: a small burger joint sells on average 80 beef
burgers. 47 chichen burgers, and 23 vegetable burgers on any given
day. what is the probability that the first chichen burger sold on
a given day is the fourth or fifth burger sold?
a. 0.183
b. 0.151
c. 0.165
d. 0.172

Burger Prince buys
top-grade ground beef for $1.00 per pound. A large sign over the
entrance guarantees that the meat is fresh daily. Any leftover meat
is sold to the local high school cafeteria for 80 cents per pound.
Four hamburgers can be prepared from each pound of meat. Burgers
sell for 60 cents each. Labor, overhead, meat, buns, and condiments
cost 50 cents per burger. Demand is normally distributed with a
mean of 319 pounds per day and a...

A car dealership (which is opened 7 days a week) sells an
average of 4 cars in a day. Assume the number of cars sold each day
is independent from any other day. The number of cars sold on any
given day can be approximated with a Poisson distribution. Find the
probability that the car dealership will sell 6 cars tomorrow.
A) 28
B) 0.1107
C) 0.8958
D)4
E) 0.8893
F) 0.1042

A gourmet grocery store sells an average of 17 jars of pickled
sardines per month. What is the probability that for any given
month 21 or more jars, ≥ 21 , will be sold? What is the discrete
probability distribution used for this problem?

Chick-fil-A is dominating the U.S. fast-food market. Whereas
McDonald’s, Subway, Burger King, and Taco Bell trudge along at the
top of the heap, Chick-fil-A has quietly risen from a South- east
regional favorite to become the largest chicken chain and the
eighth-largest quick-service food purveyor in the country. The
chain sells significantly more food per restaurant than any of its
competitors—twice that of Taco Bell or Wendy’s and more than three
times what the KFC Colonel fries up. And it...

23. In the perfectly competitive model, what kind of products
are all firms assumed to be producing?
a.
identical products
b.
differentiated products
c.
well-advertised products
d.
unique products
27. Under what circumstance will a firm in a perfectly
competitive industry expand output?
a.
when marginal cost is less than marginal revenue
b.
when marginal revenue is less than average revenue
c.
when marginal revenue is less than average total cost
d.
when marginal cost is less than average total...

YOU BE THE VC COMPANY 6.1
Business Idea: Provide consumers with plant-based protein foods
that take the animal out of meat—without sacrificing the taste,
chew, or satisfaction. Pitch: A number of factors motivate people
to seek out meat substitutes. Health benefits, animal welfare,
lowering greenhouse gas emissions, and bad press about the poor
conditions under which some animals are raised for slaughter are
some of these factors. Many of the most common meat
substitutes—tofu, bean burgers, vegetable cutlets, and so...

LeBron
Factory
Number
of
Workers
Number
of
Machines
Output
(chairs
produced
per hour)
Marginal
Product of
Labor
Cost of
Workers
Cost of
Machines
Total
Cost
?1
?2
?5
?2
?2
?10
?3
?2
?20
?4
?2
?35
?5
?2
?55
?6
?2
?70
?7
?2
?80
Refer to Table above.
First, complete the missing information in the Table
above.
1.Each worker at the
LeBron Chair Factory costs $12 per hour. The cost of each machine
is $20 per day regardless...

Your company has been granted an exclusive license to sell ice
cream. No one has ever sold ice cream here before, so you have no
idea what the demand will look like. You suspect that people like
to buy more ice cream on hotter days, but you are very unsure about
what price you should charge to maximize your profit.
Over your first season selling ice cream, you vary your price
each week for the 10 weeks your license allows...

Question 61
Cal plans to open a small business marketing consulting firm
operating as a
corporation. He signed an office lease with landlord as Marketing
Priorities,
Inc. prior to incorporating the business. Shortly thereafter, he
gave up the consulting
idea and took a job teaching. Is Cal personally liable on the
lease?
? Question 62
The principal of a company co-mingled his business expenses and
personal
expenses. That is, he used business profits to pay his ex-wife’s
alimony. When the...

ADVERTISEMENT

Get Answers For Free

Most questions answered within 1 hours.

ADVERTISEMENT

asked 2 minutes ago

asked 8 minutes ago

asked 11 minutes ago

asked 26 minutes ago

asked 26 minutes ago

asked 35 minutes ago

asked 36 minutes ago

asked 36 minutes ago

asked 57 minutes ago

asked 1 hour ago

asked 1 hour ago

asked 1 hour ago