Dobson and Company's chances for survival depend on three factors: customer reaction to its new product, the state of the economy, and the entry of new competitors into the marketplace.If Dobson foresees 5 possible customer reactions, 6 possible economic conditions, and 3 different possibilities for competitors entering the marketplace, how many different sets of possibilities are there?
A)33
B)14
C)90
D)45
E)36

Question

Quizplus · Accepted Answer

The total number of different sets of possibilities is found by multiplying the number of options for each factor together: 5 (customer reactions) * 6 (economic conditions) * 3 (competitor entries) = 90.

Dobson and Company's Chances for Survival Depend on Three Factors