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With any situation, it will either affect demand or supply. The factors affecting demand include income levels, consumer tastes and preferences, substitutes/complements and expectations. The factors affec...

First, define some termsMonopoly: when there is only one firm in the entire marketPerfect Competition: when there are many buyers and sellers in the marketThen, answer the question by describing the pros ...

I used ratios in this context3kg : £54Using this ratio to work out the price of 2kg 2kg: £? To get from the number '3' to '2', I have to divide 3 by 3, then multiply it by 2So, using this same method (as ...

Speciation is the process in which new species arise from exisiting ones. A species is defined as organisms that can reproduce together to produce fertile offspring. This process starts with the isolation...

A conformer is an organism which is unable to regulate its own internal temperature, therefore, it's internal environment is dependent upon its external environment (e.g. lizards). Whereas a regulator is ...