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Is the demand for food likely to be Price elastic or Inelastic?

Definition: Price elasticity of Demand (PED) measures the responsiveness of Quantity Demanded to a change in the good's price.Food is considered a basic necessity, we cannot live without it and therefore ...

Answered by Frazer H. • Economics tutor

23032 Views

For what values of x is 2x^2 - 11x - 6 > 0 ?

The first step is to factorise the equation into two brackets. In this case we get (2x+1)(x-6)Now, for this to be greater than zero we need both brackets to be greater than zero, or both brackets to be le...

Answered by Rowan K. • Maths tutor

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Explain fiscal policy and how it can be used

Fiscal policy is the use of governmental spending and taxation to influence aggregate demand (AD= C + I + G +(X-M)) in an economy. It can be used to boost economic growth, control inflation and stabilise ...

Answered by Annabel S. • Economics tutor

2040 Views

Give the general solution of the second order ODE dy2/d2x - 4dy/dx + 3 = 0

Solving the ansatz equation x^2 - 4x + 3 = gives 2 equal roots where x = 3 and x = 1The general solution therefore is y = Ae^3x + Be^x where A and B are arbitrary constants

Answered by Martha N. • Further Mathematics tutor

2635 Views

The binding of one molecule of oxygen to haemoglobin makes it easier for a second oxygen molecule to bind, explain why.

The binding of the first oxygen changes the tertiary structure of the haemoglobin. This uncovers the second binding site, allowing the second oxygen to bind.

Answered by Abbie T. • Biology tutor

12491 Views