Four Married Couples Have Reserved Eight Seats in a Row

question 50

Multiple Choice

Four married couples have reserved eight seats in a row at the theater, starting at an aisle seat. In how many ways can they arrange themselves if the four men occupy the four seats closest to the
Aisle?

• A)24
• B)576
• C)16
• D)40,320

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Definitions:

Socially Efficient

A market condition where resources are allocated in a way that maximizes the overall benefit to society.

Monopolist's Supply

The quantity of goods or services a monopolist chooses to produce and sell, influenced by its market power to set prices.

Horizontal

In economics, horizontal can refer to a market situation where there are many competitors in the industry, but they all offer a similar product or service.

Profit-Maximizing

A strategy where businesses seek to achieve the highest possible profit from their operations, typically by adjusting output, pricing, and other variables.