The Numbers 0 Through 9 Are Used in Code Groups

question 8

Multiple Choice

The numbers 0 through 9 are used in code groups of four to identify an item of clothing. Code 1083 might identify a blue blouse,size medium. The code group 2031 might identify a pair of pants,size 18,and so on. Repetitions of numbers are not permitted-in other words,the same number cannot be used more than once in a total sequence. As examples,2,256,2,562,or 5,559 would not be permitted. How many different code groups can be designed?

• A)5,040
• B)620
• C)10,200
• D)120

Recognize the legislative acts related to fair competition and deceptive practices.

Understand the effects of price setting on consumer demand and market competition.

Analyze the impact of cost considerations on price setting.

Understand the concept of price elasticity and its calculation.