Solve the Problem. -Mary Finds 10 Fish at a Pet Store That She

question 40

Multiple Choice

Solve the problem.
-Mary finds 10 fish at a pet store that she would like to buy, but she can afford only 4 of them. In how many ways can she make her selection? How many ways can she make her selection if he decides that one of the fish
Is a must?

• A) 210; 84
• B) 151,200; 60,480
• C) 5040; 504
• D) 2520; 252

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Definitions:

New Ventures

Businesses or projects initiated by entrepreneurs, often characterized by innovation, high risks, and high rewards.

Opportunity Costs

The cost of forgoing the next best alternative when making a decision, representing the benefits one could have received by taking an alternative action.

Sunk Costs

Expenses that have been spent and cannot be retrieved.

Cash Flow Estimation

This refers to the process of forecasting and evaluating the amount of cash that is expected to flow into and out of a business over a specific period.