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Explain which barriers to entry an new airline might face when entering the international flight market

A new airline faces enormous startup costs, due to the required purchase or renting of planes, as well as the cost of fuel and landing slots at its chosen destination airports. The air travel industry has st...
JD
Answered by Jamie D. • Economics tutor
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Evaluate the effects of a price ceiling on the housing market

The answer to this question should be well structured with no more than 3-4 core points explained and develop. Start by considering the wording 'evaluate' this already tells you that you need to look for adv...
Answered by • Economics tutor
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What's the difference between movements along and shifts in the demand curve?

(the answer to this question would be assissted by the use of diagrams) Movements along the demand curve are caused by changes in price. A change in price will move to a new point on the demand curve. For ex...
SL
Answered by Sarah L. • Economics tutor
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Explain the impacts of a fall in interest rates on the rate of GDP growth of a country.

Changing interest rates are an example of a demand side policy change, specifically monetary policy, this means that the Aggregate Demand (AD) curve will shift (see diagram) This can be demonstrated through ...
Answered by • Economics tutor
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In the early 2010s the mobile phone company Orange merged with another mobile Network firm, T Mobile, in order to a form a new company called EE. Explain what type of merger this is and discuss some of the possible costs and benefits of this merger.

The merger between T mobile and Orange was a Horizontal one. This means that the firms that merged are in the same industry and were both operating on the same stage of the production process( in this case b...
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Answered by Jamie T. • Economics tutor
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