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How can you calculate the Price and Quantity at a market equilibrium given the Demand curve P = 20 - Q and the Supply curve P = 3Q

To find the equilibrium point in a market you must make the supply and demand curve equal to one another. This means setting 20 - Q equal to 3Q and solving the simultaneous equations:20 - Q = 3Q20 = 4QQ =...

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Answered by Harry H. Economics tutor
2795 Views

To what extent was US military strategy the main reason for their defeat in the Vietnam War?

The counter-productive and inappropriate American military strategy in the Vietnam War was, to a great extent, the main reason for their loss of the war, however a combination of factors made the war 'unw...

Answered by History tutor
13122 Views

The equation of line L is y = 3x - 2 and the equation of line Q is 3y - 9x + 5 = 0, show these two lines are parallel

The basic equation of a line is I=the general form y = mx + c. Where c is a constant and m is the gradient of the lineFor lines to be parallel they must have the same gradient, then they will never crossT...

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Answered by Harry H. Maths tutor
3148 Views

How does Shakespeare present love within the play 'Romeo and Juliet'?

What kind of different "love" are there? Family, romantic, platonicThe Nurse as a surrogate mother to Juliet (how does this compare to Juliet's relationship to her father? What are other parenta...

Answered by English Literature tutor
5980 Views

Explain the process of oxidative phosphorylation

Oxidative phosphorylation is the process by which energy in the form of ATP is produced when there is oxygen present in the cells. It occurs in the membrane of the mitochondria. Reduced NAD which is produ...

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Answered by Abaan B. Biology tutor
6114 Views

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