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Shkiper50 [21]
3 years ago
14

Adrian was awarded an academic scholarship to state university for the 2017–2018 academic year. he received $6,500 in august and

$7,200 in december 2017. adrian had enough personal savings to pay all expenses as they came due. adrian's expenditures for the relevant period were as follows: tuition, august 2017 $3,700 tuition, january 2018 3,750 room and board august–december 2017 2,800 january–may 2018 2,500 books and educational supplies august–december 2017 1,000 january–may 2018 1,200 determine the effect on adrian's gross income for 2017 and 2018.
Business
1 answer:
PIT_PIT [208]3 years ago
4 0

For 2017:

Scholarship - $6,500

Tuition – (3,700)

Books and supplies – (1,000)

Gross income - $1,800

 

For 2018:

Scholarship - $7,200

Tuition – (3,750)

Books and supplies – (1,200)

Gross income - $2,250

 

Adrian’s gross incomes for 2017 is $1,800 and 2018 is $2,250.

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Answer:

d. fewer study guides being sold

Explanation:

If there is an increase in the price of textbooks, it is fair to assume that demand for textbooks will fall and, thus, textbooks sales will also fall. When goods are complements, a decrease in demand for a certain good means that its complements will also experience a similar decrease in demand. Since textbooks and study guides are complements, the sales of study guides will also fall.

Therefore, the answer is d. fewer study guides being sold

7 0
3 years ago
Robert is writing a report about Ty Cobb,a famous baseball player,and needs to gather information.He types "Ty Cobb" into his co
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Answer:

B. Search engine

Explanation:

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4 0
3 years ago
Potential GDP is:
Eva8 [605]

Answer:

b. maximum amount of output that can be produced given the labor force, capital stock, and technology.

Explanation:

GDP refers to the gross domestic product which reflects the finalized value of the goods and services produced domestically

On the other side, the potential GDP refers to the maximum level of output that can be produced by considering the labor force, capital stock, technology by taking the constant inflation rate

Therefore option b is correct

7 0
3 years ago
Fun Foods fraudulently induces Holly to buy a household products franchise by grossly misstating the average revenues of its fra
astra-53 [7]

Answer:

<em>Quasi Contract</em>

Explanation:

A quasi contract <em>is a two-party retroactive agreement that has no prior commitments to each other.</em> A judge creates it to correct a situation where one party at the expense of the other obtains something.

The agreement is intended to prevent one party from taking undue advantage of the situation at the expense of the other party.

4 0
3 years ago
Westside Manufacturing Co.'s budget at 6,000 units of production includes $36,000 for direct labor and $3,000 for electric power
hoa [83]

Answer:

variable costs of $45,500 and $33,000 of fixed costs

Explanation:

The computation of the variable cost and the fixed cost is shown below:

The fixed cost is $33,000

And, the variable cost is

= 39,000 ÷ 6,000 units × 7,000 units

= $45,500

Therefore variable costs of $45,500 and $33,000 of fixed costs

Hence, the same is to be considered and relevant

3 0
3 years ago
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