Given the following cost and activity observations for george company's utilities, use the high-low method to calculate george's variable utilities costs per machine hour. cost machine hours may $16,500 105,000 june 18,000 120,000 july 16,000 100,000 august 17,500 117,000a. $0.10b. $1.00c. $100.00d. $10.00

An investment counselor calls with a hot stock tip. he believes that if the economy remains strong, the investment will result in a profit of $40 comma 00040,000. if the economy grows at a moderate pace, the investment will result in a profit of $10 comma 00010,000. however, if the economy goes into recession, the investment will result in a loss of $40 comma 00040,000. you contact an economist who believes there is a 2020% probability the economy will remain strong, a 7070% probability the economy will grow at a moderate pace, and a 1010% probability the economy will slip into recession. what is the expected profit from this investment?