Solve the Problem $\frac { 5 } { 13 }$ B) $\frac { 5 } { 52 }$

question 40

Multiple Choice

Solve the problem.
-A card is selected at random from a deck of cards. Find the probability: P(selecting the 3 of clubs or a 4)

• A) \(\frac { 5 } { 13 }\)
• B) \(\frac { 5 } { 52 }\)
• C) \(\frac { 2 } { 13 }\)
• D) \(\frac { 5 } { 26 }\)

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Definitions:

Profit-Maximizing Level

The level of production at which a business achieves the highest possible profit.

Total Revenue

The total revenue obtained from selling products or services before deducting any costs.

Units

Basic quantities or amounts of a product, service, or measurement.

Profit-Maximizing Amounts

The levels of production or pricing at which a firm achieves the highest possible profit.