The time to fly between New York City and Chicago is uniformly distributed with a minimum of 90 minutes and a maximum of 120 minutes. What is the distribution's mean?
120 minutes
105 minutes
90 minutes
210 minutes

In the context of your career choice, your own business skills cannot influence the level of your personal financial success. a. true b. false

Awell-written business plan can improve your chances of getting funding and give you more free time. improved logistics. greater negotiating power.

Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.