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Section exercises

Verbal

For the following exercises, assume that there are n ways an event A can happen, m ways an event B can happen, and that A  and  B are non-overlapping.

Use the Addition Principle of counting to explain how many ways event A  or  B can occur.

There are m + n ways for either event A or event B to occur.

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Use the Multiplication Principle of counting to explain how many ways event A  and  B can occur.

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Answer the following questions.

When given two separate events, how do we know whether to apply the Addition Principle or the Multiplication Principle when calculating possible outcomes? What conjunctions may help to determine which operations to use?

The addition principle is applied when determining the total possible of outcomes of either event occurring. The multiplication principle is applied when determining the total possible outcomes of both events occurring. The word “or” usually implies an addition problem. The word “and” usually implies a multiplication problem.

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Describe how the permutation of n objects differs from the permutation of choosing r objects from a set of n objects. Include how each is calculated.

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What is the term for the arrangement that selects r objects from a set of n objects when the order of the r objects is not important? What is the formula for calculating the number of possible outcomes for this type of arrangement?

A combination; C ( n , r ) = n ! ( n r ) ! r !

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Numeric

For the following exercises, determine whether to use the Addition Principle or the Multiplication Principle. Then perform the calculations.

Let the set A = { 5 , 3 , 1 , 2 , 3 , 4 , 5 , 6 } . How many ways are there to choose a negative or an even number from A?

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Let the set B = { 23 , 16 , 7 , 2 , 20 , 36 , 48 , 72 } . How many ways are there to choose a positive or an odd number from A ?

4 + 2 = 6

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How many ways are there to pick a red ace or a club from a standard card playing deck?

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How many ways are there to pick a paint color from 5 shades of green, 4 shades of blue, or 7 shades of yellow?

5 + 4 + 7 = 16

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How many outcomes are possible from tossing a pair of coins?

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How many outcomes are possible from tossing a coin and rolling a 6-sided die?

2 × 6 = 12

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How many two-letter strings—the first letter from A and the second letter from B can be formed from the sets A = { b , c , d } and B = { a , e , i , o , u } ?

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How many ways are there to construct a string of 3 digits if numbers can be repeated?

10 3 = 1000

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How many ways are there to construct a string of 3 digits if numbers cannot be repeated?

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For the following exercises, compute the value of the expression.

P ( 5 , 2 )

P ( 5 , 2 ) = 20

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P ( 3 , 3 )

P ( 3 , 3 ) = 6

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P ( 11 , 5 )

P ( 11 , 5 ) = 55 , 440

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C ( 12 , 4 )

C ( 12 , 4 ) = 495

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C ( 7 , 6 )

C ( 7 , 6 ) = 7

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For the following exercises, find the number of subsets in each given set.

{ 1 , 2 , 3 , 4 , 5 , 6 , 7 , 8 , 9 , 10 }

2 10 = 1024

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{ a , b , c , , z }

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A set containing 5 distinct numbers, 4 distinct letters, and 3 distinct symbols

2 12 = 4096

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The set of even numbers from 2 to 28

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The set of two-digit numbers between 1 and 100 containing the digit 0

2 9 = 512

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For the following exercises, find the distinct number of arrangements.

Questions & Answers

differentiate between demand and supply giving examples
Lambiv Reply
differentiated between demand and supply using examples
Lambiv
what is labour ?
Lambiv
how will I do?
Venny Reply
how is the graph works?I don't fully understand
Rezat Reply
information
Eliyee
devaluation
Eliyee
t
WARKISA
hi guys good evening to all
Lambiv
multiple choice question
Aster Reply
appreciation
Eliyee
explain perfect market
Lindiwe Reply
In economics, a perfect market refers to a theoretical construct where all participants have perfect information, goods are homogenous, there are no barriers to entry or exit, and prices are determined solely by supply and demand. It's an idealized model used for analysis,
Ezea
What is ceteris paribus?
Shukri Reply
other things being equal
AI-Robot
When MP₁ becomes negative, TP start to decline. Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of lab
Kelo
Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of labour (APL) and marginal product of labour (MPL)
Kelo
yes,thank you
Shukri
Can I ask you other question?
Shukri
what is monopoly mean?
Habtamu Reply
What is different between quantity demand and demand?
Shukri Reply
Quantity demanded refers to the specific amount of a good or service that consumers are willing and able to purchase at a give price and within a specific time period. Demand, on the other hand, is a broader concept that encompasses the entire relationship between price and quantity demanded
Ezea
ok
Shukri
how do you save a country economic situation when it's falling apart
Lilia Reply
what is the difference between economic growth and development
Fiker Reply
Economic growth as an increase in the production and consumption of goods and services within an economy.but Economic development as a broader concept that encompasses not only economic growth but also social & human well being.
Shukri
production function means
Jabir
What do you think is more important to focus on when considering inequality ?
Abdisa Reply
any question about economics?
Awais Reply
sir...I just want to ask one question... Define the term contract curve? if you are free please help me to find this answer 🙏
Asui
it is a curve that we get after connecting the pareto optimal combinations of two consumers after their mutually beneficial trade offs
Awais
thank you so much 👍 sir
Asui
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities, where neither p
Cornelius
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities,
Cornelius
Suppose a consumer consuming two commodities X and Y has The following utility function u=X0.4 Y0.6. If the price of the X and Y are 2 and 3 respectively and income Constraint is birr 50. A,Calculate quantities of x and y which maximize utility. B,Calculate value of Lagrange multiplier. C,Calculate quantities of X and Y consumed with a given price. D,alculate optimum level of output .
Feyisa Reply
Answer
Feyisa
c
Jabir
the market for lemon has 10 potential consumers, each having an individual demand curve p=101-10Qi, where p is price in dollar's per cup and Qi is the number of cups demanded per week by the i th consumer.Find the market demand curve using algebra. Draw an individual demand curve and the market dema
Gsbwnw Reply
suppose the production function is given by ( L, K)=L¼K¾.assuming capital is fixed find APL and MPL. consider the following short run production function:Q=6L²-0.4L³ a) find the value of L that maximizes output b)find the value of L that maximizes marginal product
Abdureman
types of unemployment
Yomi Reply
What is the difference between perfect competition and monopolistic competition?
Mohammed
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Practice Key Terms 5

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Source:  OpenStax, Algebra and trigonometry. OpenStax CNX. Nov 14, 2016 Download for free at https://legacy.cnx.org/content/col11758/1.6
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