From a group of three finalists for a privately endowed ...

[mmm]

From a group of three finalists for a privately endowed scholarship, two individuals are to be selected for the first and second places. Determine the number of possible selections.

Question 2

Revenue management methodology enables an airline to
 a. maximize the number of full-fare seats it sells on each flight.
  b. minimize the number of discount-fare seats it sells on each flight.
  c. increase the average number of passengers per flight.
  d. decrease the number of overbooked flights.

[bd5255]

Answer to Question 1

6

Answer to Question 2

c