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Assumptions: large no. of firms in the industry, relatively small firms, low barriers to entry, perfect knowledge, product differentiation Allocative efficiency: MC=AR and the market allocated resources s...

Need to remember that:sin²(x)+cos²(x)=1 (eq.1)Divide the whole eq.1 by sin²(x)to get:sin²(x)/sin²x+cos²(x)/sin²(x)=1 /sin^2...

There are two important things to bear in mind when starting the personal statement, as it can seem a daunting task: firstly, to remember that this will be read by all universities applied to, not just Ox...

Ok, so firstly let's think about what the mean means? Add all the numbers together and then divide by the total number of values we have.So, that means with the 4 numbers we currently have the total divid...

Endocrine parts of pancreas called Islets of Langerhans. 2 populations of cells: A cells- secrete glucagon (RAISES blood glucose conc) - when all the 'gluc has...