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Generally a firm should shutdown if it's revenue is less than it's total cost. However in the short run since fixed costs (e.g. rent) have already been paid the firm only considers it's variable costs (e....

This is an actual question from an EdExcel C3 paper worth 4 marks. Ok so first thing we do is look at the function and try and determine which of our 3 differentiation rules we use. Is it a Product / Quot...

Innate behaviours are characterised by inherent and instinctive behaviours that come natural to an organism and were not learned through their life cycle. Innate behaviours tend to be quick and effective,...

Traditional epic poetry usual begins in medias res which is the Latin for 'in the middle things', this is usual accompanied with an invocation of the muse whereby the author deems him/herself unw...