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When responding to a data-based question, there are a few things to which you need to pay attention:1) When reading the text, highlight the most important point: who is arguing a point, statistics provide...

Profit maximising is where a company sets a price and quantity that gets the company the highest profit possible. Profit maximising tends to occur in markets with low competition where the companies ha...

Inequality is present in income, opportunity and wealth amongst others. Income inequality is the most common form of inequality and it takes into consideration the difference in incomes amongst individ...

For this answer, like with any other essay question, I encourage my students to draft an essay plan prior to writing. By doing so, my students show me their strengths and weaknesses which allows me to ...

Growth is typically considered great - improvement in GDP per capita, incomes and living standards. However, if asked in the exam, there is something for you to mention.

Firstly, consider...