Suppose You Roll a Pair of Dice

question 49

Multiple Choice

Suppose you roll a pair of dice.What is the probability that you roll the two dice so that they add up to 7 or 11?

• A) 2/6
• B) 4/36
• C) 8/36
• D) 9/36

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Definitions:

Replacement Costs

The cost to replace an asset of a company at the present time, according to its current worth.

Gasoline Prices

The cost per unit of gasoline, influenced by factors such as crude oil prices, taxes, and supply and demand dynamics.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price in a specified period.

Quantity Supplied

The total amount of a good or service that producers are willing and able to sell at a given price within a specific time period.