A Single Card Is Drawn from a Standard Deck of Cards

question 68

Multiple Choice

A single card is drawn from a standard deck of cards. Find the probability of $P ( \text { queen|face card } )$ .

• A) \(\frac { 1 } { 3 }\)
• B) \(\frac { 1 } { 13 }\)
• C) \(\frac { 1 } { 10 }\)
• D) \(\frac { 3 } { 52 }\)
• E) \(\frac { 3 } { 13 }\)

---

Definitions:

Monopolistically Competitive

A market structure characterized by many firms selling products that are substitutes but differentiated from one another.

Economic Profit

A firm's total revenues minus its explicit and implicit costs; a measure of performance that includes opportunity costs.

Efficient Level

The optimal point of production or operation where a firm, market, or economy can achieve the best possible outcome with the least waste of resources.

Society's Point

A perspective or consideration based on the collective interests or well-being of a community or society as a whole.