Final answer:
The number of possible ways the medals can be awarded among the seven runners is 35.
Step-by-step explanation:
The number of possible ways the medals can be awarded among the seven runners can be found using combinations. Since there are 3 medals to be awarded among the 7 runners, we can use the formula for combinations:
C(n, r) = n! / (r!(n - r)!)
Plugging in the values, we have:
C(7, 3) = 7! / (3!(7 - 3)!)
Simplifying the expression, we get:
C(7, 3) = 7! / (3! * 4!)
Calculating the factorials:
C(7, 3) = 7 * 6 * 5 / (3 * 2 * 1)
C(7, 3) = 35
Therefore, there are 35 possible ways the medals can be awarded among the seven runners.