Use the Fundamental Counting Principle

question 64

Multiple Choice

Use the Fundamental Counting Principle
-In how many ways can 6 players be assigned to 6 positions on a baseball team, assuming that any player can play any position?

• A) 720 ways
• B) 360 ways
• C) 1440 ways
• D) 30 ways

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Definitions:

Price

The price to be paid to secure a good, service, or asset.

Leftover Income

Leftover Income refers to the amount of income remaining after all expenses and taxes have been paid.

Budget Constraint

An economic model that represents all the combinations of goods and services a consumer can afford given their income and the prices of goods.

Bundle

A collection of products or services sold as a single package deal, often at a discounted price.