If $V$ is $k$-dimensional then show that $\dim \wedge^n V = \binom {k} {n}.$
I don't understand this result. If $k \lt n$ then how does the quantity $\binom {k} {n}$ make sense? Can anybody please help me in this regard?
Thanks for your time.
EDIT $:$ Let $V$ be a vector space. Then for any $n \in \Bbb N$ we can identify $V^{\times n}$ by $V^{\{1,2, \cdots, n \}}.$ Since $\{1,2, \cdots, n \}$ is an $S_n$-set it follows that $V^{\{1,2, \cdots, n \}}$ is an $S_n$-vector space. For any $\sigma \in S_n$ and any function $f : \{1,2, \cdots, n \} \longrightarrow V$ the action of $\sigma$ on $f$ is given by $(\sigma \cdot f) (i) = f (\sigma^{-1} (i)).$ This shows that $V^{\times n}$ is a $S_n$-vector space. Let $\mu$ be the action of $S_n$ on $V^{\times n}$ then for each $\sigma \in S_n$ the map $\otimes_V \circ \mu (\sigma, \cdot) : V^{\times n} \longrightarrow V^{\otimes n}$ will be a bilinear map. Then by universal property of tensor products there exists a unique bijective linear map $\rho (\sigma) : V^{\otimes n} \longrightarrow V^{\otimes n}.$ This gives a group homomorphism $\rho : S_n \longrightarrow GL(V^{\otimes n}).$ Hence $V^{\otimes n}$ is also a $S_n$-vector space where for any element $\sigma \in S_n$ and for any $v \in V^{\otimes n}$ the action of $\sigma$ on $v$ is given by $\sigma \cdot v : = \rho (\sigma) (v).$ If $\rho (\sigma) (v) = \left (\text {sign} (\sigma) \right ) v,$ for all $\sigma \in S_n$ and for some $v \in V^{\otimes n}$ then $v$ is said to be an alternating/anti-symmetric tensor. The collection of all alternating/anti-symmetric tensors forms a subspace of $V^{\otimes n}$ which is denoted by $\wedge^n V$ or $V^{\wedge n}.$
When $k<n$, the binomial coefficient ${{k}\choose{n}}$ is $0$. Also, when $k<n$ and $k = \dim V$, note that it is impossible to choose $n$ different basis vectors of $V$ to wedge together. As the space $\bigwedge^n V$ is spanned by all such exterior products with $n$ factors, and an exterior product is $0$ if the same basis vector appears in it twice, $\bigwedge^n V = \lbrace 0 \rbrace$, which has dimension $0 = {{k}\choose{n}}$.