Answer: Accommodation
Explanation:
Accommodation is a term in psychology which is coined by the psychologists Jean Piaget to describe the fact that when a person acquires new information then he or she has to modify the existing previous knowledge in order to respond to the situation.
The person makes changes in the behavior and actions to show response to the situation.
According to the given situation, Randall was not aware about the fact that how a golf club and golf club is required to be used for playing gold. He tried to use the golf club as a baseball bat, and tennis racquet. But he later realized to modify the use of golf club by swinging it, which is the ideal use of golf club. Thus here Randall is accommodating the knowledge with the situation.
One of the roles of a government is to limit the market power of monopolies or even to eliminate them entirely due to <u>market inefficiencies.</u>
<h3>What is market inefficiencies?</h3>
An inefficient market, which can happen for a number of reasons, is one where an asset's prices do not fairly reflect their true value, in accordance with economic theory.
Deadweight losses are often the result of inefficiencies. The majority of markets do, in fact, exhibit some degree of inefficiency, and in the worst situation an inefficient market might serve as an illustration of a market failure.
According to the efficient market hypothesis (EMH), in a market that functions effectively, asset prices always reflect the true worth of the asset. For instance, a stock's current market price ought to accurately reflect all information that is now publicly available about it.
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It helps by measuring crime through Victim Surveys
This involves <span>involve questioning a representative sample of the population to obtain an estimate of victimization, a portion of which is not reported to the police and from this data, the researchers could come up with a profile that could be use to predict the type of person who tend to do criminal activities and speed up the investigation process.</span>
Slavery did not fit in the economics of the north.
