Julius and Gabe Go to a Show During Their Spring

question 23

True/False

Julius and Gabe go to a show during their Spring break and toss a balanced coin to see who will pay for the tickets.The probability that Gabe will pay three days in a row is 0.125.

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Definitions:

Marginal Revenue

The rise in income generated by selling an extra unit of a product.

Cheese

A dairy product derived from milk and produced in a wide range of flavors and textures through the process of coagulation.

Marginal Revenue

The increased income from the sale of one more unit of a product or service.

Burritos

A type of Mexican food consisting of a wheat flour tortilla wrapped or folded into a cylindrical shape to fully enclose the filling.