Final answer:
To create a list in Python with the given elements, use square brackets [] and separate the elements with commas.
Step-by-step explanation:
To create a list in Python, you can use square brackets [ ] and separate the elements with commas. In this case, you can create a list named permanent_fantasy with the elements 'pink', 'pj', and 'elephant' like this:
- permanent_fantasy = ['pink', 'pj', 'elephant']