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How does the law of diminishing marginal utility affect the demand for a Veblen good?

By definition, a Veblen good is one for which the quantity demanded increases as the price increases, which is an apparent contradiction of the law of demand. Examples of Veblen goods are normally very expen...
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Answered by Shivani S. • Economics tutor
14814 Views

Analysieren Sie die Persönlichkeit der Hauptfigur(en) im Werk des von Ihnen gewählten Schriftstellers. Was wollte der Schriftsteller mit Ihnen sagen? (Analyse the main character of your chosen author. What did the author want to say through them?)

Die Hauptfigur des Romans 'Der Vorleser', der von Bernhard Schlink geschriebenn wurde, ist Hanna Schmidt. Sie war ein Nazi und hat viele Greueltaten durgefuehrt, aber sie war auch Analphabetin. Es koennte ge...
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Answered by Emily P. • German tutor
2767 Views

Find the area enclosed by the curve y = 3x - x^2 and the x-axis

Start with finding limits by setting 3x - x^2 = 0, then factorise x(3 - x) = 0. Therefore x = 0 or 3. The area is the integral of 3x - x^2 between x = 0 and 3, sub in 3 and 0 into 3(x^2)/2 - (x^3)/3, which g...
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Answered by Sam B. • Maths tutor
18902 Views

Suggest 3 reasons why a rise in annual sales might not result in a rise in net profit

- higher fixed costs meaning diminished profit margin - sales may have been “export” which means need to factor tariffs into income statement- sales may be related to promotional campaign that yields lower p...
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Outline the typical immune response triggered when a pathogen infects the body

Cells under attack release histamine --> attracts macrophages Macrophage engulfs pathogen into a phagocytic vacuole by phagocytosis Macrophage carries out antigen presentation of pathogenic antigen from c...
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Answered by Grace M. • Biology tutor
3523 Views