Question: In Exercises 1720, does the problem involve permutations or combinations? Explain your answer. Fifty people purchase raffle tickets. Three winning tickets are selected at random.

In Exercises 17–20, does the problem involve permutations or combinations? Explain your answer.

Fifty people purchase raffle tickets. Three winning tickets are selected at random. If first prize is $1000, second prize is $500, and third prize is $100, in how many different ways can the prizes be awarded?

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