Eleven Freshmen Are to Be Assigned to Eleven Empty Rooms

question 108

Short Answer

Eleven freshmen are to be assigned to eleven empty rooms in a student dormitory.Each room is considered unique so that it matters who is being assigned to which room.How many different ways can those eleven freshmen be allocated?

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Definitions:

Payoff

The expected financial returns or benefits received from an investment, decision, or action.

Long-Run Equilibrium

A state in which all firms in a market are making normal profits, with no incentive to enter or exit the market.

Attendance

The act of being present at a location, such as in the workplace or at an event.

Time-Discounted Value

The concept in finance and economics that future money or utility is worth less than the same amount of money or utility today due to the potential earning capacity of money over time.