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Suppose you have 5 coins, one of which is counterfeit (either heavier or lighter than the other four). You use a pan balance scale to find the bad coin and determine whether it is heavier or lighter.
(a) Prove that 2 weighings are not enough to guarantee that you find the bad coin and determine whether it is heavier or lighter.
(b) Draw a decision tree for weighing the coins to determine the bad coin (and whether it is heavier or lighter) in the minimum number of weighings.
Substitute Goods
Products or services that can be used in place of each other, where an increase in the price of one leads to an increase in demand for the other.
Federal Tax
Taxes imposed by the federal government on income, sales, imports, estates, and gifts, among others, to fund national programs and services.
Demand for Marijuana
The desire for and quantity of marijuana that consumers are willing and able to purchase at various prices.
Market
Any institution or mechanism that brings together buyers (demanders) and sellers (suppliers) of a particular good or service.
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