By making prostitution legal <span />
C. unpredictable changes in the value of money
Answer:
c. a building would be a fixed resource in the short run.
Explanation:
A fixed resource is a factor of production that doesn't vary with output. E.g. building
A variable resource is a factor of production that varies with output. If output increases, variable resources increases. E.g. labour, cheese and other wholesale food items.
Output is what is produced. E.g. the food produced by the restaurant is the output.
I hope my answer helps you
It shouldn't be smaller than the "Main Breaker".
Hope that helps :p
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
