Top answers

Economics
A Level

How can I effectively use graphs in my essay?

Effective use of graphs is almost guaranteed to bring you extra points in the exam. There are a few things to help you use them well.1) Use relevant graphs. There is no point, for example, drawing a Deman...

Answered by Veleka G. Economics tutor
6434 Views

How should I approach a data-response question?

When responding to a data-based question, there are a few things to which you need to pay attention:1) When reading the text, highlight the most important point: who is arguing a point, statistics provide...

Answered by Veleka G. Economics tutor
4258 Views

Explain how a company would set a price if their aim was to profit maximise.

Profit maximising is where a company sets a price and quantity that gets the company the highest profit possible. Profit maximising tends to occur in markets with low competition where the companies ha...

Answered by Adam D. Economics tutor
2666 Views

What is the most common measure of inequality and what is inequality itself?

Inequality is present in income, opportunity and wealth amongst others. Income inequality is the most common form of inequality and it takes into consideration the difference in incomes amongst individ...

Answered by Laura C. Economics tutor
3091 Views

Evaluate policies which a UK government could use to control the activities of oligopolists.

For this answer, like with any other essay question, I encourage my students to draft an essay plan prior to writing. By doing so, my students show me their strengths and weaknesses which allows me to ...

Answered by Daniel M. Economics tutor
10000 Views

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