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Describe the impact of a close competitor lowering the price for their good has on the price and output of a firm, use a demand-supply diagram to help explain your answer.

If a competitor firm lowered the price of their good, assuming the cross price elasticity of demand (XED) for the two goods is positive, then demand will fall as consumers switch to the competitor's goods...

LG
Answered by Lewis G. Economics tutor
1087 Views

Discuss the idea that a person’s language might be affected by their occupation

Within a workplace there is a hierarchy of employment. Bosses, usually seen at the top of the hierarchical structure, have instrumental power because of their position. Their authoritative language is iss...

CJ
8205 Views

Gothic writing warns of the dangers of aspiring beyond our limitations. How far does your reading of gothic texts support this view?

The gothic tradition in literature was an attempt to warn, in a sensational and often controversial way, about the social and personal consequences of going against accepted beliefs of the time. In Ma...

MS
Answered by Megan S. English tutor
2330 Views

If you go 38 hours without sleeping starting at 8 am, and then you sleep for the next 11 hours, what time will it be when you wake up?

9am

JD
Answered by Joshua D. Maths tutor
967 Views

Outline and Evaluate the Psyhcological approach to explaing criminality

One key element for the psychological approach to explaining criminality is an inadequate superego. This explanation draws on the Freudian theories of a tripartite structure of personality, made up of the...

OR
Answered by Olivia R. Psychology tutor
6416 Views

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