A teenaged babysitter is similar to a firm in a perfectly competitive industry in that, for both:

a. The implicit costs of production exceed the explicit costs of production

b. Average costs of production do not change when their industry expands

c. Fixed costs are lower than variable costs

d. There are many other suppliers of similar goods or services

answer; monopolistic competition;

answerall of these;

match the scenarios with terms related to financial aid.

pell grant

student loan

merit-based scholarship

richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.

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anita wants to pursue a certificate program in sports nutrition. to pay for the course, she borrows money by filing the fafsa.

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nathan comes from a low-income household. he wants to pursue an undergraduate degree in marketing. he receives financial aid covering 50 percent of his college expenses. nathan does not have to pay back this amount.

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