Answer: demographic
Explanation:
Demography simply has to do with population study. From the question, we are informed that The Gap company caters to the needs of men and women by manufacturing three different lines of fashion-wear based on the purchasing power of its customers.
This shows that Gap most likely segments the consumer market based on demographic variables.
Answer:
it would have effects on the demand
Explanation:
this would have more affect on the demand because there are more people that want the Supply
The answer is the formation of a cognitive map. A cognitive map is a kind of mental illustration which helps an individual to obtain, code, collect, remember, and decipher info about the kin locations and features of occurrences in their everyday environment.
A customs duty is best described as a B.) TAX PAID ON IMPORTED GOODS.
This tax is levied to increase the state revenue as well as protect domestic businesses that are of the same industry as those imported goods.
Answer:
$245
Explanation:
Surrender Charge is a fee on the withdrawal of fund invested in an annuity contract or mutual fund. This charge is placed to restrict or discourage the investor from withdrawing money from the fund.
In this question Sophia paid $25,000 for annuity contract and there are surrender charges as below:
First year surrender charges = 7%
Declines by 1% each year
Withdrawal limit without charge = 10% of Investment = 10% x $25,000 = $2,500
Withdrawal Amount = $6,000
Withdrawal over 10% = Withdrawal Amount - Withdrawal limit without charge
Withdrawal over 10% = $6,000 - $2,500
Withdrawal over 10% = $3,500
Surrender charges = Withdrawal over 10% x First year surrender charges
Surrender charges = 3,500 x 7%
Surrender charges = $245
