The Department in Which You Work in Your Company Has

question 42

Multiple Choice

The department in which you work in your company has 24 employees.A team of 3 employees must be selected to represent the department at a companywide meeting in the headquarters of the company.How many different teams of 3 can be selected?

• A)3
• B)8
• C)24
• D)72
• E)2024

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Definitions:

Linear

A relationship or function that can be graphically represented in two dimensions by a straight line.

Consumer Utility

A measure of satisfaction or happiness that consumers derive from consuming goods and services.

Budget Line

A graphical representation of all possible combinations of two goods that an individual can afford with their limited budget at set prices.

Indifference Curves

Graphical representations showing combinations of two goods that provide an individual with the same level of satisfaction, indicating preferences without implying superiority.