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:
B. It does not need to be carefully planned.
Explanation:
- The giving away of the charity is related to the no-profit organization and primary objective to give away in the form of donation and it needs to be planned in advance. As to how much and how many donations are to be made and to how many people as for a country or a town or a district and varies between the countries and nations depending on the type of situations involved.
Answer:
Ur
Explanation:
I remember it from class previously
Exceed the exports
Foreign markets stopped
loaned money
Its water was used for irrigation of crops there was no other source of water
