Maria, Daniel, Stephanie, Michael, Elena, Tyler, Sue, and Dimitri Have

question 82

Multiple Choice

Maria, Daniel, Stephanie, Michael, Elena, Tyler, Sue, and Dimitri have reserved eight seats in a row at the theater, starting at an aisle seat. In how many ways can they arrange themselves if Maria
And Daniel are to sit next to each other?

• A)5040
• B)1440
• C)10,080
• D)11,520

---

Definitions:

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity of the good suppliers are willing to offer for sale, holding all else equal.

Pure Competition

A market structure characterized by a large number of small firms, a homogeneous product, and free entry and exit from the market.

Pure Monopoly

A market structure characterized by a single seller controlling the entire market supply of a unique product, with no close substitutes.

Economic Profits

Profits exceeding the opportunity costs of all resources used by the firm, indicating an above-normal return.