Over a million students use our free study notes to help them with their homework
This can include: advertising, complementary goods, amount of substitutes avaible, income and quality. Just to name a few.
Total sales abroad: 20000 x 4 euros = 80000 euros Pound amount = Euro amount x ER Before ER change: 80000 x1.13 =90400 pounds After ER change: 80000 x 1.08= 86400 pounds 864-904 = -4000 pounds Therefore, ...
It is assumed that if the price of a good falls, more people will be able to afford the good and therefore more people will want to buy the good when the price is lower. Therefore, as price falls the quan...
Both the PPC and AD/AS model demonstrate an economy and show a potential output as well as a real output. A shift in LRAS in the AD/AS model shows that the potential output of a nation increases as a resu...
There a four types of market structures. A monopoly is where one firm dominates the market, it is characterised by high entry and exit barriers, high sunk costs and a possibility for supernormal profits. ...
←
33
34
35
36
37
→
Internet Safety
Payment Security
Cyber
Essentials
