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Independent and Dependent Events
Independent Events: Two events A and B are independent if and only if P(A | B) = P(A) or, equivalently, P(B | A) = P(B).
Dependent Events: The probability of occurrence of one is related to the occurrence of the other.
Multiplication Rule for Independent Events:
P(AB) = P(A)P(B)

486Total, Variable, Fixed, and Marginal Cost and Output:Variable,Fixed,Output:is the summation of all expenses that do not change as the level of production:varies.Total[Practice
68Independent and Dependent Events:Independent,only if PA | B = PA or:EventsPAB = PAPB
146Imports and Exports:Nettrade deficit.

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