Use the Information for the Question(s)below

question 69

Multiple Choice

Use the information for the question(s) below.
Consider an economy with two types of firms,S and I.S firms always move together,but I firms move independently of each other.For both types of firm there is a 70% probability that the firm will have a 20% return and a 30% probability that the firm will have a -30% return.
-What is the expected return for an individual firm?

• A)14%
• B)3%
• C)5%
• D)-5%

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Definitions:

Generic ESTs

A term that could refer to generic Electronic Service Tools, which are software applications used for diagnostics and programming of electronic systems in vehicles or machinery.

Active and Historic Codes

In vehicle diagnostics, active codes indicate current issues, while historic codes refer to previously detected problems that have been resolved or cleared.

ECU or ECM

Stands for Electronic Control Unit or Engine Control Module, a type of computer in vehicles that controls engine functions to ensure optimal performance.

Counts of Resolution

A measure of the smallest movement or change in position that a sensor or device can detect.