jeremy and justine work for a company that receives $45 for each unit of output sold. the company has a variable cost of $25 per item and a fixed cost of $1600.
based on this information, jeremy and justine make some projections about potential profit.
• jeremy states that for every 100 units of output sold, the company will make $3,600 in profit.
• justine states that for every 300 units of output sold, the company will make $4,400 in profit.

Suppose you just purchased a digital music player and have put 8 tracks on it. after listening to them you decide that you like 4 of the songs. with the random feature on your player, each of the 8 songs is played once in random order. find the probability that among the first two songs played (a) you like both of them. would this be unusual? (b) you like neither of them. (c) you like exactly one of them. (d) redo () if a song can be replayed before all 8 songs are played.