Suppose You Have a Class with 30 Students-10 Freshmen, 12

question 117

Short Answer

suppose you have a class with 30 students-10 freshmen, 12 sophomores, and 8 juniors.
-In how many ways can you get a committee of 7?

---

Definitions:

Pure Capitalism

An economic system characterized by private property rights and the market allocating resources with little government intervention.

Laissez-Faire Capitalism

Laissez-Faire Capitalism is an economic system where private parties are free from government intervention like regulations, privileges, tariffs, and subsidies, with property rights upheld.

Economic Systems

Organized methods societies use to distribute goods and services, including capitalism, socialism, and mixed economies.

Factors of Production

The resources used in the creation of goods and services, traditionally categorized into land, labor, capital, and entrepreneurship.