How Many Ways Can Five People, A, B, C, D

question 180

Multiple Choice

How many ways can five people, A, B, C, D, and E, sit in a row at a concert hall if C must sit to the right of butnot necessarily next to B?

• A) 60
• B) 24
• C) 20
• D) 48

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Definitions:

Inferior Good

A type of good for which demand decreases as the income of consumers increases, in contrast to a normal good.

Law Of Demand

A fundamental principle stating that, all else being equal, as the price of a product decreases, the quantity demanded increases, and vice versa.

Price Falls

A decrease in the cost of a good or service in the market.

Quantity Demanded

The total amount of a good that consumers are willing to purchase at a given price level in a market.