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Rearranging the first equation: 3y=5x-3Then dividing by 3 so that the equation of the line will become in the form of y=mx+c, where m is the gradient and c is the interception point with the y-axis (0,c)W...
Sometimes I go out with my friends so that we can go to the cinema or otherwise go shopping.
While this question is not in the style the examiners would ask, it demonstrates two important principles: how to expand brackets accurately and how to build intuition about the shape of graphs. Ans...
Market failure is defined as a misallocation of resources, and essentially entails that market forces are not operating effectively through the price mechanism to distribute goods and services from suppli...
As an oligopoly is when a group of firms have the majority of the market share, they gain price-setting power. One policy they can use is limit-pricing. In lowering the price of their goods, oligopolies a...
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