Use the Fundamental Counting Principle to Solve the Problem

question 19

Multiple Choice

Use the fundamental counting principle to solve the problem.
-A shirt company has 4 designs each of which can be made with short or long sleeves. There are 5 color patterns available. How many different shirts are available from this company?

• A)40
• B)20
• C)9
• D)11

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Definitions:

Marginal Benefit

Marginal benefit refers to the extra benefit received from the consumption or use of an additional unit of a good or service.

R&D Spending

R&D Spending refers to the money allocated by businesses or governments towards research and development of new products or services.

Interest-Rate Cost-Of-Funds

The interest rate that banks and other financial institutions charge each other for loans, often used as a benchmark for other interest rates.

Optimal R&D

The most efficient level of spending on research and development that maximizes an organization's potential for innovation and growth.