Answer: The U.S. Constitution provides that Congress shall have the power to regulate commerce with foreign nations and among the various states.
Explanation:
Answer:
The answer is psychodynamics.
Explanation:
Psychodynamics is an approach to psychology which is mostly concerned with unconscious motivation for behaviour. According to this theory, several parts of the human mind, such as personality, interact directly with emotions.
One of its founders was Sigmund Freud, who believed the brain was in a constant "flow of energy", and compared the forces of the mind to those of thermodynamics (hence the name).
Answer:
Cognitive dissonance
Explanation:
In psychology, the term cognitive dissonance refers to the <u>stress that a person experiences when he/she faces contradictory beliefs, ideas or values or when he/she has to act in a way that is contrary to these beliefs, ideas or values.</u>
In this example Goran was about to award the job to the lowest bidder but then his boss demanded he awards the job to a friend of hers from college (the highest bidder). Thus, he feels torn between his sense of fairness and his boss' demand. We can see that <u>Goran is facing contradictory values and he is being asked to act in a way that is contrary to his sense of fairness.</u> Therefore, he is experiencing Cognitive dissonance.
Answer:
B. increase tuition in order to increase revenue
Explanation:
Price elasticity of demand is a concept that seeks to measure the sensitivity of demand to the price of a good or service. Thus, if demand is elastic, it means that even small variations in price have a strong impact on demand. Conversely, if demand is inelastic, variations in the price of the good will not greatly affect demand, meaning consumers will continue to demand that particular good or service. The calculation of the price elasticity of demand consists in the division between the variation of the quantity demanded by the variation in the price practiced. If the result is greater than 1, demand is considered elastic (price sensitive). Conversely, if elasticity is less than 1, demand is considered inelastic (little price sensitive). If elasticity equals one, then the change in demand is exactly the same as the price change.
In the case of this faculty, the demand for courses is 0,91, so it's less than 1, therefore inelastic demand. This way, the college can maximize its revenue by increasing the tuition fee.