Solve the Problem. -Find the Number of Different Three-Member Committees That Could Be

question 211

Multiple Choice

Solve the problem.
-Find the number of different three-member committees that could be selected from the group of {Mary, Norman, Paula, Raymond, Sally} given that there must be two women and one man on the
Committee.

• A)8
• B)1
• C)6
• D)3

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Definitions:

Domestic Price

The price of goods and services within a country's borders, influenced by local demand and supply conditions.

World Price

The price of a good or service in the international marketplace, influenced by the global dynamics of supply and demand.

Import Quota

A government-imposed limit on the quantity of a particular good that can be imported into a country.

Equilibrium Price

The price at which the quantity of goods demanded equals the quantity of goods supplied, resulting in a stable market condition.