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The condition for this scenario is that perfect competition must hold, whereby there is free entry to and exit from the market, and perfect information is available to all firms.In the short run, if firms...

'Let those in power make no mistake about the mood of the people… never were the Russian people… so profoundly revolutionised by the actions of the government, for day by day, faith in the government is s...

Using the product rule (u'v+v'u, where u and v are the chosen substitutes) to find the first derivative will be dy/dx=x'=2xe^(-2x)+x^(2)e^(-2x)(-2)=2xe^(-2x)(x-x^2). This will give the d...

The two enzymes used in DNA replication are DNA helicase and DNA polymerase.The DNA helicase is used to break the hydrogen bonds between the two DNA strands so that the strands can unzip. After fre...

Esters occur naturally but they can be made in the laboratory by reacting an alcohol with an organic acid. A little sulfuric acid is needed as a ...