In a Certain State, License Plates Each Consist of 2

question 10

Essay

In a certain state, license plates each consist of 2 letters followed by 3 digits.
(a) How many different license plates are there?
(b) How many different license plates are there that have no repeated letters or digits?

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Definitions:

Sales Mix

The composition of a company's product or service offerings and their relative quantities sold, influencing overall profitability.

Break-even Point

The level of production or volume of sales at which total costs and total revenue are equal.

Sales Increase

A rise in the volume or value of products or services sold by a business over a specific period.

Margin of Safety

The difference between actual or projected sales and the sales break-even point, indicating risk level.