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If Judy,who Forgot to Study for the Test,guesses on All

question 80

Multiple Choice

If Judy,who forgot to study for the test,guesses on all questions,what is the probability that she will answer exactly 3 questions correctly?


Definitions:

Demand for Cream

The consumer interest and willingness to purchase cream, influenced by culinary trends, diet preferences, and availability of substitute products.

Demand Curve

A graph representing the relationship between the quantity of a good desired and its price.

Price

is the amount of money expected, required, or given in payment for something.

Change in Demand

A shift in the quantity of a product or service that consumers are willing and able to buy at various prices, due to factors like changes in consumer preferences, income, or the prices of related goods.

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