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What is price elastic demand?

The textbook definition of price elastic demand is when % change in quantity demanded (QD) is greater than the % change in price (P). This can be viewed in the formula for price elasticity of demand: %cha...

Answered by Economics tutor
2382 Views

How would I answer the exam question: Explore Philip Larkin’s portrayal of time in ‘Next Please’ and one other poem. You must discuss relevant contextual factors.

The first thing you need to do is flick to this poem in your anthology to remind you of its content and how the theme – in this case time – is presented. Ask yourself - how is time presented in this poem?...

RB
Answered by Rosalie B. English tutor
4723 Views

The perimeter of an isosceles triangle is 16cm. One of the sides equals to x+3, while the unequal one equals to x+4. Calculate the area of this triangle.

Firstly, we know that it is an isosceles triangle, meaning that 2 of its sides are equal. In this case, the uneven side is given as x+4, so we can assume that the triangle has 3 sides: AB= X+3BC= X+3AC= X...

SK
Answered by Stella K. Maths tutor
2812 Views

Why do the denominators have to be equal when adding fractions, but not when multiplying them?

When adding fractions we need to make sure that we're adding numbers that are in the same proportion.Take for example 1/2 add 1/2, if we simply added the numerator and the denominator we would get 2/4 - w...

JS
Answered by Jacob S. Maths tutor
2426 Views

Explain what an enzyme is and the lock and key hypothesis.

An enzyme is a biological catalyst that ensures important certain chemical reactions can take place. They speed up the rate of a reaction without being used up or changed. Maltase is an example of an enzy...

AH
Answered by Annie H. Biology tutor
8806 Views

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