My question is:
How many different equivalence relations can we define on the set $A = \{x,y,z\}$?
I know that an equivalence relation is a relation that is symmetric, reflexive, and transitive, so how many I go about considering these possible relations?
I am particularly curious about this relation: $\{(x,x), (y,y), (z,z)\}$ Is it one possibility?
An equivalence relation separates the set into equivalence classes, so you are looking at the number of ways to separate $\{x,y,z\}$ into groups. Your example is the identity relation, where each element is only related to itself. Yes, it is an equivalence relation. It separates the set into three equivalence classes, one for each element.