Which of these statements about financial aid are true? select all that apply. most student loans from the government have a lower interest rate than other types of loans. if you receive a grant, you cannot also get a scholarship. the fafsa the government determine how much financial aid you need. work-study programs provide job experience, but no pay. money from scholarships must be paid back. the fafsa is available on paper and online.

Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.