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In economics, elasticities are an indicator of the responsiveness of demand after a change in price or income. Income elasticity of demand is the relative change i...

A perfectly competitive market structure possess 4 defining characteristics. 1- Homegenous goods (all goods produced by different suppliers are of same quality and form, eg. Oranges) 2. No barriers to ent...

First of all an action potential reaches the end of a motor neuron and the neurotransmitter acetylcholine is then released into the synapse. An action potential is initiated in the muscle cellSarcoplasmic...

Inflation is defined as a persistent increase in the average price within a country, in other words a decrease in the purchasing power of a currency. There are two main groups that the reasons for inflati...

The easiest way to understand ionisation energy is to look at the equation for ionisation.For example, the ionisation of magnesium is shown by the following:Mg---> Mg⁺ + e^- The io...