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.
Answer
The Code of Hammurabi were enacted in Babylonia circa 1792 to 1750 B.C.E. It is one of the most ancient legal codes written in human history. All Babylonian citizens ought to abide to this set of rules, including the king. Therefore, it limited the king's power and prevented him to impose his will, it was against the law.
Explanation
The Code of Hammurabi is was King Hammurabi’s attempt to set a clear set of rules to all people living in a complex, large and ever-growing empire. The code intended to establish clear rules that govern people behaviour, what was considered unlawful and the punishment a citizen would expect when breaking the law. For instance, it forbidden slander, perjury, fraud, theft and adultery. It also created a legal framework for trade, slavery, divorce, liability and the relationship between workers and landowners.
The code was not necessarily fair. It was especially harsh on lower classes and women, making the laws unequal. For instance, the punishments received by higher classes when they had a dispute were far lenient than the ones imposed on lower classes.
However, and in spite this unfairness, the code limited the capacity of a single ruler to impose his/her own will over other people. The clear set of rules prevented the king from using subjective appraisals to judge singular cases. All people would measure with the same rules, and these could not change from situation to situation.
Maybe because they need to understand it in order to teach us how to do so that’s why they have to go to college and get their degree also to understand social stratification
Answer:
Case Study
Explanation:
According to my research on the different types of research methodologies, I can say that based on the information provided within the question due to its rarity the most likely research method to be used would be a Case Study. This is a method of making an up-close, in-depth, and detailed examination of the object/subject being studied.
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Beginning in the 1700s,settlers used waterways to travel the region. They also build towns along the waterways.
