Solve. -How Many 2-Letter Codes Can Be Formed with the Letters

question 33

Multiple Choice

Solve.
-How many 2-letter codes can be formed with the letters P, Q, R, S, T without repetition?

• A)20
• B)4
• C)10
• D)40

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Definitions:

Price Elasticity

The degree to which the demand or supply of a product changes in response to a change in price.

Price Elasticity

A measure of how the quantity demanded or supplied of a good changes in response to a change in its price.

Substitutes

Goods or services that can be used in place of each other, fulfilling similar needs or desires.