The Portuguese had a direct trade route to Asia and the Spanish discovered the America. The Spanish colonized the Americas and the Portuguese colonized India
D because there are 14 pounds of candy then that's $14 per hour and a machine costs $8 per hour to operate so $14 - $8 =$6 so you earn a profit of $6
<span>A, loses profit </span>
<span>B, earns $4 profit </span>
<span>C, earns $5 profit </span>
<span>D, earns $6 profit</span>
EMI = $658.69
<u>Explanation:</u>
Amount of money, Principal P = $131,040
Time, n = 15 year , n = 180 months
Rate of interest, R = 6% per annum = 0.5% per month
Amount per month, EMI = ?
We know,
EMI = [ P X R X (1 + R)ⁿ] / [(1 + R)ⁿ⁻¹]
EMI = [131040 X 0.005 X (1+0.005)¹⁸⁰ ] / [(1+0.005)¹⁸⁰⁻¹
EMI = [655.2 X 2.454] / 2.441
EMI = $658.69
Therefore, EMI = $658.69
The term scarcity in economics refers to the fact that:
a. economic wants are limited and resources are abused
b. even in the riches country some people go hungry
c. no country can produce enough products to satisfy everybody's economic wants
d. it is impossible to produce too much of any particular good or service in a market economy