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.
Answer:
$2,700
Explanation:
Calculation for the expected value of the outcomes
Using this formula
Expected value=respective outcome*Respective probability
Let plug in the formula
Expected value=(0.25*1100)+(0.55*2300)+(0.20*5800)
Expected value=$275+$1,265+$1,160
Expected value=$2,700
Therefore the expected value of the outcomes will be $2,700
Based on the fact that the books were bought on credit, to sell at Ben's Bookstore, the $500 should be listed separately as assets and liabilites.
<h3>How should Ben list the $500?
</h3>
The $500 is a liability because Ben acquired the books on credit which means the store owes the supplies for them.
The $500 is also an asset however because it represents stock in the business which makes it a current asset.
Find out more on recording liabilities at brainly.com/question/25687338.
Answer:
b. demand in more elastic than the supply.
Explanation:
Elasticity is defines as the measure of responsiveness of quantity demanded and supplied to changes in price.
In a situation where demand is more elastic than supply and tax is imposed, the suppliers can bear more cost due to tax without the quantity changing by much.
On the other hand when taxes are applied if sellers want to move it to buyers that have elastic demand, it will result in a big fall in the quantity demanded.
So the seller's bear the cost in this scenario because demand is elastic and will fall with small price increase.
