Find the Number of Subsets the Set Has

question 67

Multiple Choice

Find the number of subsets the set has. {1, 2, 3, 4, 5}

• A)16
• B)31
• C)5
• D)32

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Definitions:

Income Effect

The change in an individual's or household's consumption resulting from a change in real income, influencing purchasing power.

Leisure

The time spent away from work and essential activities, where one is free to engage in activities of choice.

Uber

A multinational ride-hailing company that offers services including peer-to-peer ridesharing, ride service hailing, and a food delivery app.

Wages

Payments made to employees for their labor or services, typically calculated on an hourly, daily, or piecework basis.