⟩ How do you define a control in economics?
A control in economics means a steady profit rate that is increasing. Therefore, after one year you could have £1mill profit then the next year £3mill profit etc.
A control in economics means a steady profit rate that is increasing. Therefore, after one year you could have £1mill profit then the next year £3mill profit etc.
A company has 10 machines that produce gold coins. One of the machines is producing coins that are a gram light. How do you tell which machine is making the defective coins with only one weighing?
You have a painting that is $320 that is selling for 20 percent off. How much is the discounted price?
You're playing three-card monte. Two cards are red, one is black. (Note In three-card monte, the three cards are face down and you try to pick the black card in order to win.) You pick the middle card. After you pick, the dealer shows that one of the cards you have not chosen is red. You are given the chance to switch your selection. Should you?
If you look at a clock and the time is 315, what is the angle between the hour and the minute hands?
What is the sum of the numbers from one to 50?
A straight flush beats a four-of-a-kind in poker because it is more unlikely. But think about how many straight flushes there are - if you don't count wraparound straights, you can have a straight flush starting on any card from two to 10 in any suit (nine per suit). That means there are 36 straight flushes possible. But how many four of a kinds are there - only 13. What's wrong with this reasoning?
Describe biggest opportunities and the biggest challenges that financial professionals face in today's market?
What is the decimal equivalent of 3/16 and 7/16?
Describe how you approach teamwork and what your plan would be to adapt so you could effectively work with the team?
If you have seven white socks and nine black socks in a drawer, how many do you have to pull out blindly in order to ensure that you have a matching pair?