Solve the Problem. -There Are 11 Essay Questions on a Test. Students Must

question 44

Multiple Choice

Solve the problem.
-There are 11 essay questions on a test. Students must select 3 questions to write essays on. In how many ways can the 3 questions be chosen?

• A) 990
• B) 172
• C) 165
• D) 163

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Definitions:

Economizing Behavior

The process of seeking to achieve maximum utility for minimal expenditure, or making decisions that reflect an optimal allocation of resources.

Satisfaction

The feeling of pleasure or fulfillment that comes from meeting needs, desires, or expectations.

Least Cost

A principle or method aimed at minimizing the cost of achieving a specific production or economic objective.

Marginal Cost

The expense incurred from the manufacture of an additional single unit of a product or service.