The correct answer is C) the fact that people sometimes base perceptions of quality on price (snob effect).
A well-known women's college whose tuition lagged below similar schools found recruiting difficult and enrollment falling. A substantial tuition increase was implemented, and dormitories were soon full again. This can be explained by the fact that people sometimes base perceptions of quality on price (snob effect).
In microeconomics, in the snob effect, the demand for some goods that are considered expensive are more demanded. If people that have the money to spend of something assumes that the price of the product is cheap, these people think that the product has low quality. But if the same product is expensive, they consider that the product has quality and is well worth it. That is why, in the case of the college, when the price of tuition increased, people started to trust again in the school and the dorms were full.
Answer:
Hello I'm interested in your post
The Industrial Revolution brought with itself a new dynamic between employer and employee. The main change of the revolution in this dynamic was the introduction of the worker's safety, as one of the main requirements that every business and workplace should have in order to operate. The public safety regulations exist in order to protect the workers from different hazards that the job can bring. It also sets some boundaries and rules for the employer to consider and follow, in order to protect the safety of the employees. Employers need to evaluate what things can harm the employees and implement the required protections so that no accidents occur. Workers are also trained in terms of safety in the workplace, so that they can identify any risk and avoid it. At every work place there should be first aid's facilities and medical support, in the events of an accident. Every employee has to be insured at his/her work in case they get sick or injured while working. Public safety regulations exist to protect and benefit the workers in their workplace.
I believe the answer is: Social organizations
, Space
, Time
, Communication
Social organizations would be important to interract with both patient and other medical professionals regarding the things that they need to do.. Space would be important to ensure that none of the patients' perception of safety is being violated. Time and communication would be important to make sure that the procedure for treatment run smoothly.
