Given That Event E Has a Probability of 0

question 13

Multiple Choice

Given that event E has a probability of 0.25, the probability of the complement of event E

• A)cannot be determined with the above information
• B)can have any value between zero and one
• C)must be 0.75
• D)is 0.25

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Definitions:

Trade Barriers

Measures implemented by governments to restrict or control the exchange of goods and services across borders, such as tariffs and quotas.

Inefficient Industry

An economic sector that fails to utilize resources optimally, resulting in lower productivity and output.

Job Losses

The elimination of positions within a company due to reasons such as economic downturns, restructuring, or automation.

Globalization

The process by which businesses, cultures, and national borders become more interconnected and interdependent, often through increased trade and communication.