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Solve the problem.
-There are 3 balls in a hat; one with the number 1 on it, one with the number 5 on it, and one with the number 9 on it. You pick a ball from the hat at random and then you flip a coin to obtain heads (H) or tails (T) . Determine the set of possible outcomes, then find the probability that the number on the ball is greater than
Equilibrium Price
A price point where the supply of goods meets the demand for those goods in the market.
Quantity Supplied
The total amount of a good or service that producers are willing and able to sell at a specific price over a certain period of time.
Usury Laws
Regulations governing the maximum interest rate that can be charged on loans, intended to protect borrowers from excessively high rates.
Rent Control
Government-imposed restrictions on the maximum rent that landlords can charge tenants, usually with the aim of making housing more affordable.
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