Thanks to a Generous and Eccentric Donor, the School of Business

question 83

Multiple Choice

Thanks to a generous and eccentric donor, the school of business has 3 fax machines.The toner in each machine needs to be changed after about 5 hours of use.There is one unit secretary who is responsible for the fax machine maintenance.It takes him 15 minutes to replace the toner cartridge.What is the probability that none of the fax machines need toner?

• A)1.1500
• B)1.1658
• C).8578
• D).7696

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Definitions:

Labor Supply

The aggregate amount of time laborers are prepared and capable of working at a certain salary level.

Technological Advances

Refers to the progression and innovation in technology, leading to new products, processes, or the improvement of existing technologies.

Wage Affected

A phrase indicating how wages can be influenced or modified by various factors such as inflation, demand, or government policy.

Agricultural Products

Goods derived from farming and the cultivation of the land, such as crops, livestock, and raw materials.