We Need to Create Code Words That Use Three Letters

question 15

Multiple Choice

We need to create code words that use three letters of the alphabet. Repeating of letters is allowed. How many code words can be created?

• A) 17,576
• B) 15,600
• C) 78
• D) 75

---

Definitions:

Equilibrium Price

The monetary value at which the supply and demand of products in the market achieve parity.

Tax On Buyers

A burden placed on buyers in the form of a tax on the goods or services they purchase, decreasing their willingness to buy at higher prices.

Smart Watch Market

The sector within the technology industry concerned with the development, production, and sale of smartwatches, wearable devices that offer various computing and telecommunications capabilities.

Effective Price

The actual price that is paid for a product or service after accounting for discounts, subsidies, or taxes.