You Are Assigned to Design Color Codes for Different Parts

question 2

Multiple Choice

You are assigned to design color codes for different parts. Three colors are used to code on each part. Once a combination of three colors is used-such as green,yellow,and red-these three colors cannot be rearranged to use as a code for another part. If there are 35 combinations,how many colors are available?

• A)5
• B)7
• C)9
• D)11

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Definitions:

Surplus

The situation in which the quantity supplied of a product exceeds the quantity demanded at a given price.

Excess Demand

A situation where the quantity demanded of a product exceeds the quantity supplied at a given price, often leading to price increases.

Rationing Mechanism

A system or method used to allocate scarce goods, services, or resources among people with competing demands.

Market Economies

Economic systems where decisions on production, investment, and distribution are based on supply and demand, and prices of goods and services are determined in a free price system.