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Substitutes and Complements | Reference Library - tutor2u
WEBOct 27, 2019 · Substitutes and Complements. In this micro video on the theory of demand, we look at substitute and complementary goods. You will come across these when you cover cross price elasticity of demand in introductory microeconomics. Substitute goods. Substitute goods are two alternative goods that could be used for the same purpose.
4.1.1.1 Differences between Positive and Normative Statements …
WEBSep 10, 2023 · This AQA study note looks at differences between Positive and Normative Statements. Positive and normative statements are two distinct categories of statements used in economics and other social sciences to …
Geography - tutor2u
WEBPaper 2 Urban Issues and Challenges Study Book for AQA GCSE Geography. 05-4130-30411-03. £4.95. Revision Guides.
The push-pull factors of migration | Reference Library - tutor2u
WEBMar 22, 2021 · Push Factors. Economic push factors tend to be the exact reversal of the pull factors: Overpopulation. Few jobs. Low wages. This lack of economic opportunity tends to push people to look for their futures outside the area of their origin. An example of this is the migration of Mexicans and people from other Central American countries into the ...
Families: Forms of Family Diversity | Reference Library - tutor2u
WEBSep 15, 2022 · Families: Forms of Family Diversity. Some sociologists argue that there is no “normal” family, but instead a broad diversity of family and household forms in the UK today. There are a number of reasons for this increased diversity, including: Secularisation (as religion has become less central to UK society, so people are more likely to ...
Explaining the Price Mechanism | Reference Library - tutor2u
WEBMar 30, 2021 · Prices rise and fall to reflect scarcities and surpluses. If prices are rising because of high demand from consumers, this is a signal to suppliers to expand production to meet the higher demand. If there is excess supply in a market, the price mechanism will help to eliminate a surplus of a good by allowing the market price to fall. 2.
Unemployment - Policies to Reduce Unemployment - tutor2u
WEBMar 21, 2021 · Distinction can be made between demand-side and supply-side policies to improve the working of the labour market in matching people to available jobs. Reducing occupational immobility: Immobility is a cause structural unemployment. Policies such as apprenticeship schemes aim to provide the unemployed with the new skills they need to find fresh employment and to improve the incentives to find work.
Conformity - Asch (1951) | Reference Library | Psychology - tutor2u
WEBSep 6, 2022 · Share : Asch (1951) conducted one of the most famous laboratory experiments examining conformity. He wanted to examine the extent to which social pressure from a majority, could affect a person to conform. Asch’s sample consisted of 50 male students from Swarthmore College in America, who believed they were taking part in …
Law of Diminishing Returns, Marginal Cost and Average ... - tutor2u
WEBMar 10, 2023 · Diminishing returns to labour in the short run. As more of a variable factor (e.g. labour) is added to a fixed factor (e.g. capital), a firm will reach a point where it has a disproportionate quantity of labour to capital and so the marginal product of labour will fall, thus raising marginal cost and average variable cost.
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