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21 October, 00:53

5. A festival is offering a brand-new mountain bike in a lottery. Thousands of people attend the festival, and most of them buy a lottery ticket, which costs $5. Explain the benefits and disadvantages of this system for the individuals hoping to win the mountain bike.

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  1. 21 October, 03:37
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    The benefit is that they have a chance to win the mountain bike the disadvantage is that if they lose they also lost their $5.
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