Eight fencers participate in a fencing championship. Assuming all competitors have an equal chance of winning, how many possibilities are there with respect to how a first-place and second-place medal can be awarded?  Choose the correct choice.
A) 52 B) 56 C) 60 D) 64 E) 72
8*7= 
<gadget id="calculator">8*7</gadget>
<output>56</output>
56   The answer is 56.
<result>B</result>
Eight fencers participate in a fencing championship. Assuming all competitors have an equal chance of winning, how many possibilities are there with respect to how a first-place and second-place medal can be awarded?