Answer: There are 8 possible outcomes for this situation.
Explanation:
Since we have given that
Number of pairs of socks = 4
i.e. yellow(Y), pink(P), orange(O), peach(PE)
Number of pairs of shoes = 2
i.e. red(R) and black(B)
So, the possible outcomes for this situation would be
{RY, RP, RO, RPE, BY, BP, BO, BPE}
Hence, there are 8 possible outcomes for this situation.