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Define collusion, including a brief explanation of the different types of collusion, and explain why firms in an oligopolistic market would want to collude.

Firstly, we need to look closely at the exam question and highlight each of the areas of knowledge we need to cover:Define collusionExplain types of collusionDefine oligopolistic market (oligopoly) and of...

VB
Answered by Verity B. Economics tutor
2584 Views

Over-watering a plant can result in the soil around a plant's roots becoming saturated with water, reducing the amount of oxygen available to the roots. Using your knowledge of aerobic and anaerobic respiration, explain how over-watering can kill a plant.

When there is less oxygen available in the soil for uptake by plant roots, the root cells will be forced to increase their usage of anaerobic respiration over aerobic respiration. Anaerobic respiration pr...

Answered by Biology tutor
8895 Views

Given that f(x)= (4/x) - 3x + 2 find i) f'(x) and ii) f''(1/2)

This question is asking us to find the first order derivative of f(x) with respect to x, then the second order derivative when x=1/2i) Firstly, let's consider (d/dx)4/x:There are two ways to think about d...

VB
Answered by Verity B. Maths tutor
4787 Views

What is the difference between the political systems in the United Kingdom and the United States?

The fundamental difference between the political systems in the UK and the US, is that the UK has a Parliamentary Monarchy and the US is a Federal Republic, which changes how the systems work and who they...

Answered by Politics tutor
29439 Views

Show me why the product of a squared and a cubed is a to the power of 5.

When we find the product of two terms that has the same base (in this case, a), we can simply add the powers. This can be explained using knowledge of squares and cubed. a2 = a...

LM
Answered by Leon M. Maths tutor
5988 Views

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