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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 i...

VH
Answered by Varad H. Economics tutor
3101 Views

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 t...

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Answered by Varad H. Economics tutor
2647 Views

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 ...

AK
Answered by Alex K. Psychology tutor
5510 Views

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 ...

JH
Answered by James H. Maths tutor
3720 Views

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 believ...

AK
Answered by Alex K. Sociology tutor
3271 Views

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