1- Situation: Mary wants to pursue the Graduate Program in Cell Biology at Yale. She has the right grades and credits,but she is falling short of money to pay for the course.
Solution: Apply for student aid.
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2- Situation: Mary is about to complete her course in Cell Biology. Her loan agreement requires her to pay back the loan in monthly payments. But Mary thinks it may be difficult to make monthly payments.
Solution: Change the repayment plan.
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3- Situation: Mary received an award letter from Yale offering her a grant and a student loan. Mary is confused about some of the details in the letter. She isn’t sure how much the aid money is repayable.
Solution: Contact the financial aid officer.
Answer:
PM: Anything you can find at the grocery store.
FM: The materials needed to produce their goods and services.
Explanation:
PM: A product market is the marketplace in which the final goods are sold to consumers. Anything you can purchase at the grocery store would then qualify as an answer. (Example: Eggs, Hand soap...etc)
FM: A factor market is where producers purchase their needed materials and means of production in order to produce their final products. (Example: Wood, Iron...etc)
Depends on where you’re talking about. For example in Europe, Christopher Columbus was funded money after asking Queen Isabella. He told her about all the he would bring back to the country. So using that information, they would most likely request funding from royalty or people of high social classes.
The answer to this question is: Consumer demand
Textile and apparel industries tend to follow the trend that currently exist in the market. This trend tend to be constantly changing and this will heavily affect consumer's behavior.
In order to keep up with the competition, each companies need to pay attention to what most of its customers currently one and deliver the design that fulfill that demand
