How can you determine the cost of something without concidering mearly its monitary value
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Ответ:
We can count the amount of money we need to spend to obtain that thing.
Explanation:
Monetary value is reliant on the currency that we need to exchange in order to a certain product. Currently, this type of value implementation is the one that commonly used by most people in all of our transactions.
For example,
Let's say that you go to Walmart and see a toothbrush with $3 price tags, without any additional discount. This means that the monetary value of that toothbrush is $3. That's it.
Ответ:
ANSWER: A. 25% academic scholarship, 50% Grants, 25% subsidized loans
EXPLANATION: The lowest cost to the student means the lowest expenditure of the student for his education.
Going by the option A if the student receives 25% academic scholarship, 50% grants and 25% subsidized loans, the student's expenditure will only be repaying the loan amount. Academic scholarships and Grants are non-repayable fund and are thus waived off from his educational expenditure.
If the student gets 50% academic scholarship and 50% subsidized loans, then he will have to pay back 50% of the academic fees compared to the option A where only 25% was needed to be repaid.
Similarly, for the next two options, the subsidized loan facility doesn't fall to 25%. So these options will be costing more to the student.