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What is inflation

Inflation is the persistent increase in price of goods and services in the economy from one time period to the next. So take a chocolate bar which cost you £1 last year, now costs you £1.10. The inflation is...
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Answered by Varad H. Economics tutor
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What is Opportunity Cost?

Opportunity cost is defined as the next best alternative foregone. An example of this is: Someone gives up going to see a movie to study for a test in order to get a good grade. The opportunity cost is the c...
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Answered by Varad H. Economics tutor
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What is the Dopamine Hypothesis and how can I evaluate it?

The dopamine hypothesis is the theory that schizophrenia is caused by too much dopamine in the brain. The theory states that due to dopamine being a neurotransmitter that instigates the firing of neurons in ...
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Answered by Alex K. Psychology tutor
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Expanding and simplifying, e.g. (x+4)(x-2)

To break this down easily we can use a technique called a 'Farmers Field' ! Drawing a box with a cross through the middle to make 4 mini boxes, we can then use each mini box to write out each part of the ans...
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Answered by James H. Maths tutor
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What was Durkheim's study of suicide and why does it matter?

It is first necessary to understand why Durkheim carried out this study in the first place and what he was trying to achieve by doing so. As you may remember, Durkheim was a structuralist, and thus believed ...
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Answered by Alex K. Sociology tutor
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