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Nine People (Ann, Ben, Cal, Dot, Ed, Fran, Gail, Hal

question 13

Short Answer

nine people (Ann, Ben, Cal, Dot, Ed, Fran, Gail, Hal, and Ida) are in a room. Five of them
stand in a row for a picture.
-In how many ways can this be done if Dot is on the left end and Ed is on the right end?


Definitions:

Dumping

The practice of selling a product in a foreign market at a price lower than the production cost or domestic market price, often to gain market share or dispose of surplus.

Heckscher-Ohlin Theorem

An economic theory stating that countries will export goods that use their abundant factors of production and import goods that use their scarce factors of production.

Quota

A government-imposed trade restriction that limits the number or monetary value of goods that can be imported or exported during a specific time period.

Subsidies

Subsidies are financial grants or support extended by governments to firms, individuals, or institutions to encourage the production or consumption of certain goods or services, or to support industries.

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