Examlex

Solved

Suppose a and B Are Mutually Exclusive Events Where P(A)=

question 45

Short Answer

Suppose A and B are mutually exclusive events where P(A)= 0.4 and P(B)= 0.5.Then P (A and B)= .


Definitions:

Minimum Wage

The lowest legal hourly pay for many workers, set by law or policy.

Secondary Labor Market

Employment sectors characterized by low pay, insecure job tenure, and poor working conditions.

Wage Rate

The fixed amount of compensation or payment a worker receives from the employer in exchange for labor or services, typically expressed per hour or year.

Productive Demand

The demand for goods and services that are needed to produce other goods and services.

Related Questions