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Why is a firm's average revenue equal to their marginal revenue in perfect competition?

Some important conditions of perfect competition are that all firms sell an identical (homogeneous) product, there is a large number of buyers and sellers, and no one buyer or seller can influence the rul...

Answered by Oore A. • Economics tutor

35061 Views

Décrivez votre visite récente chez un membre de votre famille.

La semaine derrnière je suis allée rendre visite à ma grand-mère à Genève. Ma grand-mère est venue me chercher samedi à l'aéroport aux alentours de midi et nous sommes allées manger dans un petit restaura...

Answered by Anne-Sophie G. • French tutor

3839 Views

Calculate the equation of a line that passes through the point (2,4) and has a gradient of 1.5 in the form y=mx+c

y-y1=m(x-x1)

y-4=1.5(x-2)

y-4=1.5x-3

y=1.5x+1

Answered by Katie H. • Maths tutor

3791 Views

How do I make the transition from a GCSE level to A Level answer essay?

GCSE English Literature essays are often more descriptive and use a more formulaic structure. An A level essay requires you to be more deeply analytical with your text, and there are fewer strict guidelin...

Answered by Chloe W. • English Literature tutor

4496 Views

Describe the differences between hydrophobic and hydrophilic signalling.

Hydrophobic signalling molecules can pass through the lipid bilayer of the membrane due to both being hydrphobic. Once within the cell, the molecule can bind to a receptor or transcription factor to inhib...

Answered by Lindsey A. • Biology tutor

11250 Views