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JulsSmile [24]
3 years ago
12

Julie plans on taking out student loans to pursue her college education in teaching. Should Julie take out a private loan or a f

ederal loan and why?
Select the best answer from the choices provided.
A. a federal loan because she may qualify for loan forgiveness
B. a private loan because she may qualify for loan forgiveness
C. a federal loan because her credit history will not be affected if she does not pay it back
D. a private loan because she can qualify for deferment while she is a student
Business
1 answer:
Romashka [77]3 years ago
7 0
<span>The answer to this question is letter A.

Julie plans on taking out student loans to pursue her college education in teaching. Julie should take out  a federal loan because </span>federal loans are more forgiving than private loans. Therefore she should take a federal loan because she may qualify for loan forgiveness.
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Suppose country X partially specializes in the production of only two goods, food and clothing. At the initial free trade equili
alekssr [168]

If food consumption should rise by 42 units we can conclude that country X’s willingness to trade declines.

<h3>The reason why the willingness to trade would decline</h3>

The willingness to trade for this country would be on a decline given the fact that X's countyry is on a balanced growth path and the prices of their goods are unchanged in the international market.

Due to the lack of change they would not want to engage in trade again with other countries.

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4 0
2 years ago
Use the cost and revenue data to answer the questions. Quantity Price Total Revenue Total Cost 15 90 1350 900 30 80 2400 1500 45
borishaifa [10]

Answer:

What is marginal revenue when quantity is 30 ? 30?

  • $70

= ($2,400 - $1,350) / (30 - 15) = $900 / 15 = $70  

What is marginal cost when quantity is 60 ? 60?

  • $60

= ($3,150 - $2,250) / (60 - 45) = $900 / 15 = $60

If this firm is a monopoly, at what quantity will profit be maximized?

  • quantity: 45 units

a monopoly maximizes its accounting profit when marginal revenue = marginal cost, in this case they both equal $50 per unit when total output is 45 units

If this is a perfectly competitive market, which quantity will be produced?

  • quantity: 45 units

a perfectly competitive firm maximizes its accounting profit when marginal revenue = marginal cost, in this case they both equal $50 per unit when total output is 45 units

Comparing monopoly to perfect competition, which statement is true?

  • The consumer surplus is smaller with a monopoly.
  • The monopoly's price is higher.

In a monopoly, output is smaller than the perfectly competitive output. The price charged by a monopolist is also higher. This also results in lower consumer surplus with a monopoly.

Explanation:

Quantity      Price       Total Revenue            Total Cost

15                 90                   1350                         900

30                80                   2400                      1500

45                70                    3150                      2250

60                60                  3600                       3150

75                50                   3750                      4200

90                40                  3600                      5400

3 0
3 years ago
Intellectual Property can be protected by
mash [69]
The answer you are looking for is copyright
5 0
3 years ago
LO 8.5Identify several causes of a favorable material quantity variance.
yan [13]

Answer:

Possible causes of material quantity variance:

1. The use of sub-standard material

2. The use of unskilled labour

3.  Wastage of material

Explanation:

Material quantity variance is the difference between standard quantity and actual quantity used multiplied by standard price. The use of sub-standard material reduces the quality of output thereby resulting to unfavorable material quantity variance.  The use of unskilled labour also leads to unfavorable material quantity variance. Wastage of material                                                  due to low quality of inputs also results to unfavorable material quantity variance.                                                                        

3 0
3 years ago
The June 30, 2021, year-end trial balance for Askew company contained the following information: Account Debit Credit Inventory,
user100 [1]

The cost of goods sold for the Askew Company for the year ending June 30, 2021 is $233,000.

Using this formula

Cost of goods sold=Beginning Inventory+ Net purchases- Ending Inventory

Where:

Beginning Inventory=$32,000

Net purchases=($240,000-$6,000-$10,000+$17,000)=$241,000

Ending Inventory=$40,000

Let plug in the formula

Cost of goods sold=$32,000+$241,000-$40,000

Cost of goods sold=$233,000

Inconclusion the cost of goods sold for the Askew Company for the year ending June 30, 2021 is $233,000.

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4 0
2 years ago
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