You Are Given the Probability That an Event Will Happen $P ( E ) = 0.8$

question 11

Multiple Choice

You are given the probability that an event will happen.Find the probability that the event will not happen. $P ( E ) = 0.8$

• A)1
• B)0.2
• C)0.1
• D)0.8
• E)0

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Definitions:

Break-even

A financial analysis point where a company's revenue exactly matches its expenses, resulting in neither profit nor loss.

Monthly Dollar Sales

The total revenue generated from sales in a particular month, measured in dollars.

Unit Variable Cost

The variable cost incurred to produce one unit of product, including direct materials, direct labor, and variable manufacturing overhead.

Monthly Sales

The total revenue generated from the sales of products or services within a month.