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Globalisation often results in cultural erosion in some parts of the world through TNCs which can bring new services or products into a country. These services or products often reflect and impose Western...

The main characteristics of a perfectly competitive market include: (1) a very large number of small, price-taking firm; (2) a homogenous product is being sold; (3) there are no barriers to entry or exit;...

One external factor that would affect the differences we see in achievement of the classes is due to cultural deprivation. This refers to the lack of "cultural equipment", which can be an issue ...

Quadratic equations are a slightly bit more tricky than other algebraic equations we might have seen before. They are called quadratic equations because one of the unknown values is squared (mutiplied by ...

Perfect competition is a market structure in which there are a large number of small firms competing very intensely. In this market structure no firm has the power to influence the price or supply of trad...