Problem 2.171 customers are used to evaluate preliminary product designs. in the past, 94% of highly successful products received good reviews, 60% of moderately successful products received good reviews, and 13% of poor products received good reviews. in addition, 40% of products have been highly successful, 35% have been moderately successful and 25% have been poor products. round your answers to four decimal places (e. g. 98.7654). (a) what is the probability that a product attains a good review? (b) if a new design attains a good review, what is the probability that it will be a highly successful product? (c) if a product does not attain a good review, what is the probability that it will be a highly successful product?

Gideon company uses the allowance method of accounting for uncollectible accounts. on may 3, the gideon company wrote off the $2,200 uncollectible account of its customer, a. hopkins. on july 10, gideon received a check for the full amount of $2,200 from hopkins. the entry or entries gideon makes to record the write off of the account on may 3 is:

The law says your employer is responsible for providing you with a safe and healthy workplace. true or false?

At a student café, there are equal numbers of two types of customers with the following values. the café owner cannot distinguish between the two types of students because many students without early classes arrive early anyway (i.e., she cannot price-discriminate). students with early classes students without early classes coffee 70 60 banana 51 101 the marginal cost of coffee is 10 and the marginal cost of a banana is 40. the café owner is considering three pricing strategies: 1. mixed bundling: price bundle of coffee and a banana for 161, or just a coffee for 70. 2. price separately: offer coffee at 60, price a banana at 101. 3. bundle only: coffee and a banana for 121. do not offer goods separately. assume that if the price of an item or bundle is no more than exactly equal to a student's willingness to pay, then the student will purchase the item or bundle. for simplicity, assume there is just one student with an early class, and one student without an early class. price strategy revenue from pricing strategy cost from pricing strategy profit from pricing strategy 1. mixed bundling $ $ $ 2. price separately $ $ $ 3. bundle only $ $ $ pricing strategy yields the highest profit for the café owner.