Over several decades, some industries, such as textile and clothing, which were once a significant part of the U.S. economy, have shifted manufacturing abroad. Using the idea of opportunity cost, provide an explanation of the reasoning behind this shift. How has this shift affected economic well-being locally? How do the gains compare to the losses?
MATH120
SEE ATTACHMENT Conditional Probability: What affect does a condition have on the probability? Let’s compare and find out. Example: Let’s look at a standard deck of 52 playing cards. No replacement: What is the probability of getting 2 kings assuming that the first one is not replaced? (Note: There are