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Are monopolies more efficient than firms under perfect competition?

Monopolies are the sole suppliers in a market, who are price makers, can create barriers to entry, create a unique product, and face a downward sloping demand curve. Under perfect competition, there are many...
AK
Answered by Alex K. • Economics tutor
5013 Views

‘Writers are at their best when they acknowledge that relationships can have both positive and negative elements.’ How far do you agree?

The presentation of arguments within relationships is a significant example of writers acknowledging that relationships can have both positive and negative elements. There is a focus on the negative, the arg...
IS
Answered by Imogen S. • English tutor
2263 Views

The rectangles A and B have perimeters of 94cm and 56cm as shown below (insert diagram). Rectangle A: base = 2x cm, height = 3y cm. Rectangle B: base = (x+6)cm, height = (y+4)cm. Use an algebraic method to calculate the area of each rectangle. (8 marks)

Formulas needed: Perimeter of rectangle = 2*(base + height) Area of rectangle = base * height. Using the information given we need to define the perimeter of A and B algebraically. Rectangle A: base = 2x, he...
UQ
Answered by Umar Q. • Maths tutor
4216 Views

Differentiate y = (x^2 + 1)^1/3

Use the chain rule to do this. First set u= x^2 + 1. We chose u to be this because u 1/3 is much simpler to differentiate. Then find du/dx = 2x. Now find dy/du = 1/3 * u -2/3 = 1/3 * (x 2 +1) -2/3 . Now by t...
WW
Answered by Will W. • Maths tutor
3820 Views

How do you use the perfect tense?

The perfect tense is a way to talk about what has happened in the past. It is a way of expressing something that happens in the past generally, it's something you have done, probably many times and are likel...
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Answered by Nina V. • German tutor
2005 Views