If $$\mathrm { P } ( A \text { and } B ) = 0$$

question 93

True/False

If $$\mathrm { P } ( A \text { and } B ) = 0$$ , then A and B must be mutually exclusive.

---

Definitions:

Just Tangent To

A condition where two curves meet at only one point without intersecting, often used in the context of optimizing problems.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good consumers are willing to buy at each price.

New Firms Enter

The process by which new companies start operations in a market, often increasing competition and innovation within the industry.

More Elastic

The term "More Elastic" describes a situation where the supply or demand for a good or service is more responsive to changes in price.