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Sea explorations were made by many countries centuries ago. These were headed by the European countries long back. The impulses or urges that influenced the explorers are to desire to take hold of other land for territorial expansion.
Another very important thing to consider as well was the trading. One country had to exchange products to another country. Hence, there were need for them to cross the seas.
Answer:
The correct answer is option c.
Explanation:
Break-even point refers to the situation where the economic costs incurred is equal to economic profits. This is graphically represented by the point where the ATC curve intersects the AR curve. The price and output at that point will reflect break even.
At this point though, the firm will be earning some accounting profit and would need to pay taxes on that profit.
Answer: Bismarck
Prussia deliberately challenged Austria for the leadership of the German Confederation.