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Explain the key characteristics of a monopoly.

Firstly, monopolists aim for profit maximisation. This is achieved by operating at an output level where marginal cost equals marginal revenue (MC=MR). However, contrary to other market structures, there are...
JG
Answered by James G. • Economics tutor
2610 Views

How and when is the subjunctive tense used?

The subjunctive, which is technically a 'mood', is a grammatical aspect that everyone struggles with (even students at university!), however after a little practice it is fairly easy to master.Firstly, the s...
IR
Answered by Isabelle R. • Spanish tutor
2154 Views

Critically assess the cultural impact of the Cultural Revolution on the People's Republic of China in relation to other factors.

I would be looking for an answer to divide up the factors as the student sees fit but still allowing coherent analysis. Assessing cultural, economic and social factors would an obvious way to tackle this but...
JH
Answered by James H. • History tutor
3078 Views

The circle C has centre (2,1) and radius 10. The point A(10,7) lies on the circle. Find the equation of the tangent to C at A and give it in the form 0 =ay + bx + c.

Whenever possible it is always a good idea to draw a graph to give a better understanding of what is going on in the question. As we have already been given a point on the tangent, namely A(10,7), it is a go...
GG
Answered by George G. • Maths tutor
5592 Views

Explain how a change in Government spending may affect the average price level and real GDP

Government spending is the total expenditure by the Government on the public sector in an economy. An increase of this is known as expansionary fiscal policy. This increases aggregate demand, causing a shift...
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Answered by Jack S. • Economics tutor
2026 Views