Answer:
Political boundaries are the dividing lines between countries, states, provinces, counties, and cities. These lines, more often called borders, are created by people to separate areas governed by different groups. ... Political boundaries change over time through wars, treaties, and trade
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.
To answer the three key questions, to make decisions concerning what, how and for whom
the answer is: <span>the third variable problem
</span><span>the third variable problem refers to the additional factor that could mistakenly lead to the false conclusion in determining the causal relationship between two other factors.
Other example:
There was a study that shown that eating soy bean leads to the development of breast cancer. But if we take a look at East Asian population who consume more soy beans compared to western people, East Asian population have far less cancer cases.
In this case, we can say that Genetic is a t</span>hird variable problem
