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Nat2105 [25]
3 years ago
9

Sheila receives a merit scholarship to cover part of her private college tuition. Her parents have a low income, poor credit, an

d want to apply for a PLUS loan to cover her expenses. Will her parents qualify for a PLUS loan? Why or why not?
A.
Sheila's parents may not qualify for a PLUS loan if they have poor credit history.
B.
Sheila's parents may not qualify for a PLUS loan if she's attending a private college.
C.
Sheila's parents will qualify for a PLUS loan because she's attending a private college.
D.
Sheila's parents will qualify for a PLUS loan because of their low income.
Business
1 answer:
vfiekz [6]3 years ago
8 0

Answer:

The correct answer would be D, Sheila's parents will qualify for a Plus loan because of their low income.

Explanation:

PLUS loan stands for Parents Loan for Undergraduate Students. It is the loan given to the parents of the students who are graduating with the college. It can be a post secondary loan. This loan is given to the students who cannot afford to meet the expenses of their studies as well as of other activities like books, notes, handouts etc. This loan is given to the parents of the students who have low incomes and can't afford to finance their child's education.

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yaroslaw [1]

Answer:

c. 5

Explanation:

L       Q     MPL (ΔinQ/ΔinL)    VMPL

4      52  

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6      66              6                       60

7      70               4                       40

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Note: Labour hired per day = L, Total product = Q, Marginal Product of labor=MPL, VMPL =Price*MPL

A firm will maximize the profit by increasing the number of labor as long as VMPL is higher than or equal to the wage rate. In this case, we observe that VMPL ($80)>wage rate ($75) for L=5 but VMPL ($60)<wage rate ($75) for L=6. So, the optimal number of labor to be hired is 5.

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2 years ago
Match the term or phrase with its best descriptor.Maximum sustainable yieldA. available biomass of a target speciesB. incidental
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Answer:

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In Financial accounting, if a trial balance totals do not agree, the difference must be entered in the suspense account​

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2 years ago
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