At a Certain College, There Were 700 Science Majors, 300 $\frac { 4 } { 5 }$

question 59

Multiple Choice

At a certain college, there were 700 science majors, 300 engineering majors, and business majors. If one student was selected at random, the probability that the student
Is an engineering major is

• A) \(\frac { 4 } { 5 }\)
• B) \(\frac { 1 } { 4 }\)
• C) \(\frac { 1 } { 3 }\)
• D) \(\frac { 1 } { 5 }\)

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Definitions:

Marginal Utility

The extra pleasure or advantage gained from using an additional unit of a product or service.

Dozen Oysters

A quantity of twelve oysters, often used as a standard unit of sale in seafood markets.

Total Utility

The total satisfaction received from consuming a particular amount of goods or services.

Beers

Alcoholic beverages made from yeast-fermented malt flavored with hops.