How Many Different Three Letter Permutations Can Be Formed from the Letters

question 42

Multiple Choice

How many different three letter permutations can be formed from the letters in the word clipboard?

• A) 336
• B) 504
• C) 544,320
• D) 729

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Definitions:

Marginal Productivity

The change in output resulting from employing one more unit of a particular input, keeping all other inputs constant.

Income Distribution

Refers to how a nation’s total GDP is distributed amongst its population.

Equilibrium Quantity

The level of output at which the demand for a product matches its supply, marking a state of balance in the market.

Equilibrium Price

The price point in a market at which the supply of goods matches demand, leading to a stable market condition.