note that each stamp has a 9 digit identifying number on the bottom, like this one, 365293051 a. If any digit can be used in any position, how many such stamps can be produced? b. suppose the most expensive item costs 120 stamps. How many such items can be produced?
For part a:
There are 9 positions in the identifying number and each position can hold any one of ten digits, so there are
10 x 10 x 10 x 10 x 10 x 10 x 10 x 10 x 10 or 10^9 = 1,000,000, 000 possibilities.
For part b:
I have no idea what the 120 stamps refer to; perhaps someone else can answer that ...