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A normal good is a good in which as your income rises your demand for that good also rises. And if your income falls your demand for that good also falls. The best way to learn about normal goods is wi...
First of all you need to separate the two numbers
you have 8Y
and 4y2
then ask yourself what you can divide both these 2 numbers with? so 4 can be divided by ...
The demand for a good which is elastic will react significantly to a change in price of a good. So if I was selling mars bars in a shop ( and mars bars were an elastic good) if I incre...
If you imagine that sin(x), cos(x), -sin(x) and -cos(x) are on a wheel as shown below:
sin(x)
-cos(x) cos(x)
-sin(x)
then going clock...
Covalent bonds are formed when two atoms share one or more pairs of electrons. These atoms are non-metals, such as Carbon, Oxygen and Hydrogen.
Ionic bonds are formed when an atom gives o...
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