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How can the concept of opportunity cost be explained on different aspects of the economy?

Opportunity cost is the next best alternative choice that someone has. In an economy, it can be confronted by several actors; the government itself, consumers, or firms.
On an indiv...

SK
Answered by Stavria K. Economics tutor
2187 Views

how might a competitive inhibitor prevent the enzyme trypsin from working

inhibitor is a similar shape to the substrate
this means the inhibitor blocks the active site of the enzyme
the substrate cannot bind to the active site, so fewer enzyme substrate complexes can ...

Answered by Biology tutor
2194 Views

how is the income statement (I/S) related to the balance sheet (B/S)

answer structure: definition, explanationdefinition: I/S tells you what happened throughout the year, B/S is a snapshot of financial position of a firm at a specific dateexplanation: bottom line on I/S (n...

HC
Answered by Hue C. Accounting tutor
3295 Views

explain what is price elasticity of demand (PED)

answer structure: definition, equation/ graphs, explanationdefinition: PED measures the responsiveness of demand for a product to a change in its own priceequation: change in demand %/ change in price % (...

HC
Answered by Hue C. Economics tutor
2894 Views

How do I form the passive in different tenses?

The passive voice in German requires using the verb werden followed by the past participle of the main verb at the end of the sentence. For example:
‘The car is being driven by a man.’
...

MJ
Answered by Matthew J. German tutor
1543 Views

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