The Fourth Republic

question 48

Multiple Choice

The Fourth Republic

• A) was dominated by a strong executive.
• B) is another name for the Vichy Regime.
• C) fell because of its inability to resolve a crisis in Algeria.
• D) fell because of its inability to resolve a crisis in Vietnam.
• E) was dominated by the communist party.

Understand and apply the concept of conditional probability.

Calculate the overall probability of an event based on given individual probabilities and conditions.

Interpret and calculate probabilities in real-life contexts, such as weather impact on activities or health test accuracy.

Understand the concept of false positives in testing and calculate the probability of an event based on test accuracy and prevalence.

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Definitions:

Surplus Increase

A scenario where the excess of supply over demand rises, indicating a larger availability of goods or services than there are consumers.

Consumer Surplus

The variance between the total sum consumers are ready and capable of paying for a product or service versus what they genuinely spend.

New Buyers

Refers to individuals or entities entering the market as consumers for the first time, contributing to increased demand.

Market Entry

The strategy or process by which a company enters a new market or industry, which can include establishing new operations or acquiring an existing business.