Find the Value of the Permutation

question 3

Multiple Choice

Find the value of the permutation.
-P(10, 3)

• A) 604,800
• B) 360
• C) 10,080
• D) 720

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Definitions:

Utility Function

An economic model that maps an individual's preference rankings for various bundles of goods onto a set of numerical values.

Price

The financial value anticipated, necessitated, or offered in return for a service or good.

Income

Money received on a regular basis from work, property, business, investment, or welfare.

Utility Function

A tool used in economics to represent a consumer's preference structure across different bundles of goods.