Ways in which professional, responsible, ethical and effective business practice should be conducted

He set of companies a product goes through on the way to the consumer is called the a. economic utility b. cottage industry c. market saturation d. distribution chain

Suppose we are interested in bidding on a piece of land and we know one other bidder is interested. the seller announced that the highest bid in excess of $9,500 will be accepted. assume that the competitor's bid x is a random variable that is uniformly distributed between $9,500 and $15,500. suppose you bid $12,000. what is the probability that your bid will be accepted?

Alina davis expects to receive $2000 in six months her bank offers a loan at an annual rate of 5.60% how much could she borrow if she wants to be able to pay of the entire loan (including interest) with the $2000 she will receive in six months? a. $1923.78 b. $1945.53 c. $1887.94 d.$ 1845.57