Savings, scholarships and state aid are good preparations steps for one to take before applying for federal financial aid because They help one to
save enough money to be able to pay for college and also prevent serious debt after graduating.
Financial intelligence is a vital and indispensable virtue one must cultivate,just like the question stated, before going high as to seek federal aid,it is imperative to start from savings, scholarships and state aid because those can help you after graduating and not put you through serious debt after graduating.
If you must apply for federal aid,that implies that you have tried other better, easier means and all proved abortive and the only option that is left is the federal aid.
And while on federal aid,plans must be made on the means to pay back all sorts of financial issues so that once graduated,the financial burden will be minimal.
Answer:
a. Determine the total charge under each plan for this case: 120 minutes of day calls and 40 minutes of evening calls in a month.
- Cost for Plan A = ($0.41 x 120) + ($0.16 x 40) + $20 = $
75.60
- Cost for Plan B = ($0.51 x 120) + ($0.15 x 40) + $20 = $
87.20
- Cost for Plan C = $80 + $20 = $100
b. If the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal?
- If the agent will use the service only for daytime calls, Plan A is better if the agent uses 195 minutes maximum. If the agent expects to use 196 or more minutes, then Plan C is better.
c. Suppose that the agent expects both daytime and evening calls. At what point (i.e., percentage of total call minutes used for daytime calls) would she be indifferent between plans A and B?
- Plan A charges 10¢ less per daytime minute, while plan B charges 1¢ less for evening minutes, that means that the proportion of daytime calls should be 1/11, while the proportion of evening calls should be 10/11.
Answer: Which of the following describes what is identified by a supply schedule?
How much suppliers will profit at various prices
How much consumers will save at various supply levels
How much suppliers will raise prices as production varies
How much of a product suppliers will produce at various prices
Explanation: A supply schedule is a table that shows the quantity supplied at each price. A supply curve is a graph that shows the quantity supplied at each price. Sometimes the supply curve is called a supply schedule because it is a graphical representation of the supply schedule.
Answer:
The answer is C.
Explanation:
If workers demand and receive higher real wages the cost of production will rise. This is because workers(labor) is an input of production. The wages is the reward for the direct labor for work done. So increase in wages lead to an increase cost of production.
Due to this, the short-run aggregate supply curve shifts leftward i.e reduces the market supply because producers will produce less at a high cost of production and produce more at a lower cost of production.
Answer:
The option which is not a task of the bankruptcy trustee is;
Represent the debtor when meeting with creditors
Explanation:
In a case of bankruptcy a bankruptcy trustee is assigned by the court and to whom the case information is handed to perform the following tasks
1) Converts the collected company assets to money
2) Assess the creditors (owed by the debtor) proof of claims
3) Allocate monetary refunds to the creditors
4) Upholds or refuse claimants to specific debts
5) Completes tax and other financial reports that are submitted to government agencies
