Let x be the original price of an item. For the first case, the employee avails the 25% first then the 10%.
Price: (0.75x)(0.90) = 0.675x
For the second case, the 10% discount is availed first then, the 25%.
Price: (0.90x)(0.75) = 0.675x
Thus, whichever is the case, the price would be the same. The answer is letter D.
Adam Smith, and Invisible hand. hope this helps!
Answer: Trade Sanctions and embargoes
Explanation:
Trade sanctions refers to trade penalties imposed by one country on another country. The aim of imposing trade sanctions is to make trading difficult for the country bearing the sanctions to trade with the country imposing the sanction. For instance, if China impose trade sanction on Nigeria, it will be difficult or almost impossible for Nigeria to trade with China.
Trade sanction is a kind of punishment to the country it is imposed on.
Embargo on the other hand is also a trade sanction in which the government of a particular country orders that trade should be restricted with a specific country or exchange of a specific commodity.
Trade sanction and embargo are designed to isolate a country and create difficulties in trading with the country imposing the sanction.
Answer:
Option (a) is correct.
Explanation:
Given that,
Value of good and services exported from Kandabar = $75 million
Value of good and services imported by Kandabar = $52 million
Therefore,
Balance of trade or trade balance:
= value of exports - value of imports
= $75 million - $52 million
= $23 million
Since the value of exports is greater than the value of imports, the nation has a trade surplus of $23 million.
The current value of the mortgage will be given by:
A=P(1+r/100)^n
where:
P=$150,000
r=5%
n=16 years
therefore:
A=150000(1+5/100)^16
A=150000(1.05)^16
A=$201,014.35
If He wants to pay off his mortgage now, he needs $201,014.35