Evaluate the Expression $${ } _ { 8 } C _ { 0 }$$

question 48

Multiple Choice

Evaluate the expression.
- $${ } _ { 8 } C _ { 0 }$$

• A) 40,320
• B) 10,080
• C) 1
• D) 20,160

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Definitions:

Delphiniums

A genus of flowering plants known for their tall spikes of colorful flowers, commonly found in gardens.

Perfect Substitutes

Goods or services that can be used in exactly the same way and to the same extent, where one can completely replace the other in consumption.

Income Effect

The alteration in income for a person or the economy and the resulting influence on the demand for a certain good or service.

Substitution Effect

The economic principle indicating how consumers react to a change in price by substituting a more expensive item with a cheaper alternative.