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To what extent do consumers benefit from price discrimination by a firm with monopoly power? (8 Marks)

Price discrimination occurs when a firm, with monopoly power, charges different prices to different people for the same product, due to reasons other than cost difference. It relies on various conditions ...

Answered by Economics tutor
9850 Views

How far do you agree that granting the vote to women was the most important political development in Wales and England in the period 1880-1951?

When answering an essay question, it is important to note exactly what the question is asking. Here "How far do you agree...?". Therefore, throughout writing the essay, the focus must be on this...

LB
Answered by lily b. History tutor
2041 Views

Let (x + 3) be a factor of the polynomial P(x) = x^3 + ax^2 - 7x + 6. Find a and the other two factors.

Firstly, (x - c) is a factor of a polynomial P(x) if and only if there exists a polynomial Q(x) such that P(x) = (x - c)Q(x), where c is a real or complex constant.
Therefore, we can write: P(x) = x...

Answered by Maths tutor
1465 Views

How can I revise for the unseen poetry part of the exam?


Despite not being able to see the poem beforehand, there are several ways to prepare such that a strong critical opinion can be methodically formed, regardless as to whether its true ‘meaning’ is im...

DJ
Answered by David J. English tutor
1519 Views

Describe the role of the heart and lungs in the oxygenation of blood in humans. Why is oxygen is essential for the functioning of the human body.

The main purpose of oxygen in the body is for respiration. Respiration is a biochemical reaction, by which the body produces energy in the form of ATP to complete both cellular and other functions. This p...

RH
2559 Views

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