Which of the Following Statements Is(are)always True

question 13

Multiple Choice

Which of the following statements is(are) always true?

• A)-1 ≤ P(E_i)≤ 1
• B)P(A)= 1 − P(A^c)
• C)P(A)+ P(B)= 1
• D)both P(A)= 1 − P(A^c)and P(A)+ P(B)= 1

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Definitions:

Price Floor

A government- or authority-imposed minimum price that can be charged for a good or service, typically set above the equilibrium price to aid producers.

Subsidizing Federal

Financial support from the federal government to help reduce the cost of goods and services or to encourage investment in specific sectors.

Higher Education

Post-secondary education provided by universities and colleges that leads to an academic degree or vocational qualification.

Selfishness

The act of putting one's own needs and desires above the needs of others.