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Can firms in a perfectly competitive market make supernormal profits?

Firms in a perfectly competitive market can make supernormal profits but only in the short run. Supernormal profit is made where average revenue exceeds average cost. In a perfectly competitive market, fi...

AO
46099 Views

How am I meant to analyse an unseen poem when I can't even work out what the poem is about?

Firstly, don't forget that it's normal not to know what a poem is saying straight away! The whole idea of a poem is for a poet to put forward an idea or thought implicitly, using metaphor...

CG
4502 Views

Can you explain the quadratic formula?

The quadratic formula is used to solve the quadratic equation. Although methods like factorising or completing the square can easily be used, this offers another method which can be used for more difficul...

SI
Answered by Shazeaa I. Maths tutor
3984 Views

Describe the process of osmosis

Osmosis is the movement of water molecules from a high partial pressure (or concentration) to a low partial pressure (or concentration) down pa...

AF
Answered by Alisha F. Biology tutor
3542 Views

What are the most common challenges in urban environments?

There are five main parts that make up the answer to this question. Remember at GCSE the mark scheme is rather specific so you will need to make sure you mention all 5 of these items in order to gain maxi...

SP
Answered by Saskia P. Geography tutor
2236 Views

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