Who: Basically, the set theory was developed by Georg Cantor.
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Why is it important to be able to identify sets and set theory as related to business operations?
The theory of numbers is based on the property of sets of different kinds of numbers.
Modern set theory was developed by Georg Cantor and Richard Dedekind in the late nineteenth century.
Im not sure if there is any application of set notation and set theory, however set notation is important when you start learning about the domains and ranges of functions.
The answer is 0 because anything multiplied by 0 is 0. This can be established using the set theory. If each set contains 8 units, but you have no sets at all (0), then you have 0 units. No matter how large a set is, having no sets means that you have no units.