The Intersection of Events a = {Apple Pie, Peach Pie

question 17

Multiple Choice

The intersection of events A = {apple pie, peach pie, pumpkin pie} and B = {cherry pie, blueberry pie, pumpkin pie} is ________.

• A) {pumpkin pie}
• B) {apple pie, peach pie, cherry pie, blueberry pie}
• C) {apple pie, peach pie, pumpkin pie, cherry pie, blueberry pie}
• D) {apple pie, peach pie, pumpkin pie, cherry pie, blueberry pie, pumpkin pie}

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Definitions:

Units Sold

The quantity of products or services sold by a company during a specific period of time.

Selling Price

The amount of money charged for a product or service, or the sum of the value that customers exchange for the benefits of having or using the product or service.

Revenue Variance

The difference between the actual revenue earned and the expected revenue that was budgeted for a specific period.

Actual Revenue

The real income that a company generates from its business activities, reported during a specific period.