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Explain how a company would set a price if their aim was to profit maximise.

Profit maximising is where a company sets a price and quantity that gets the company the highest profit possible. Profit maximising tends to occur in markets with low competition where the companies ha...

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Answered by Adam D. Economics tutor
3256 Views

What is an equipotential in an electric/gravitational field?

Equipotentials are lines of constant potential. In radial fields they join points of equal potential and are perpendicular to the field lines.
They are concentric spherical surfaces about the centre ...

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Answered by Chris D. Physics tutor
13009 Views

What is damping in Simple Harmonic Motion?

An oscillation is damped if resistive forces are present e.g. air resistance or friction.
The amplitude of the system will decrease over time, as opposed to a free oscillation which is undamped (no r...

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Answered by Chris D. Physics tutor
29806 Views

Explain the Principle of Moments.

The moment of a force about any point is defined as the force x perpendicular distance from the line of action of the force to the point - moment = F x d the unit is Nm.
Principle of moments states t...

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Answered by Chris D. Maths tutor
18891 Views

What is the difference between a scalar and vector quantity?

Scalars have a magnitude (size) only. Vectors have both magnitude and direction.

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Answered by Chris D. Maths tutor
7395 Views

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