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Why is the marginal cost curve shaped the way it is?

First of all let’s define Marginal Cost:-It is the cost to a firm to produce one additional unit of output e.g. the cost of Volkswagen to produce an extra carInitially due to the law of increasing margina...

MH
Answered by Morgan H. Economics tutor
8640 Views

Outline two explanations/theories for forgetting.

Retrieval failure (due to absence of cues) encoding specificity principle (Tulving and Thomson)context-dependent forgetting; context at encoding and retrieval do not matchAbernethy - student study; famili...

SI
Answered by Samira I. Psychology tutor
3329 Views

What are the expected effects of a cut in income tax on the economy?

A cut in income tax will lead to a rise in income for consumers, as they are now paying less tax. This should lead to an increase in consumer spending, which boosts aggregate demand. An increase in aggreg...

CL
Answered by Caitlin L. Economics tutor
3155 Views

Which are the strongest interactions between molecules

Hydrogen bonds are the strongest, which are possible only between H and F, O or N because of the difference in electronegativity; then, permanent dipole-permanent dipole interactions come second as they f...

EB
Answered by Eduardo B. Chemistry tutor
2423 Views

How does blood flow through the heart and body?

Deoxygenated blood from the body goes to the heart via veins. Specificially deoxygenated blood goes through the vena cava into the right atrium. Blood then moves through the atrio-ventricular valves into ...

MV
Answered by Maya V. Biology tutor
2972 Views

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