The number of available colors is n = 7.
The number of colors that can be selected at a time among the 7 colors is r = 5.
This means that the number of selections of 5 colors from 7 colors at a time is ₇C₅.
By definition,
Answer: The number of color groupings is 21.
Answer:
I feel like something is wrong in the question. Can you check it again?
Explanation:
The following statements describe the economic concept of scarcity:
1. All useful resources are limited.
2.Resources are scarce which explain why we are willing to pay for them.
3. Because of scarcity, individuals must make choices.
In economics, scarcity is the study of how people attempt to satisfy their needs and wants by making choices. The principle of scarcity states that limited goods and services are available to meet unlimited wants.
<span>keep it small, especially in the beginning
Small businesses die when you expand too quickly in the beginning</span>
Answer:
The amount of interest accrued as of December 31, 2016 is $10,980.
Explanation:
On December 31, two months interest is accrued and this is equivalent to 61 days (30 days for November and 31 days for December).
Calculation of Interest accrued is as follows ;
Interest accrued = $360,000 × 6% × 61/120
= $10,980
