Questions

select category from menu

News


US-China trade

Tensions eased as China commits to import more from the US.

Read more
Model agencies collude to fix rates

Regulators find leading model agencies guilty of price fixing.

Read more

Revenue

Question 1

Consider the example of a firm which produces and sells studio recording equipment.

PRICE (£) QUANTITY DEMANDED (000) TOTAL REVENUE (000) MARGINAL REVENUE (000)
10 3    
9 4    
8 5    
7 6    
6 7    
5 8    
4 9    
3 10    
2 11    
1 12    

  1. Using the information contained in the example calculate total and marginal revenue.

  2. Plot total, average and marginal revenue.

  3. When TR is at a maximum, what is MR?

Answer


Alternative finance

Report on the growth of alternative finance.

Read more
Sainsbury's-Asda merger

Sainsbury's and Asda confirm merger plans.

Read more
Customs unions

Costs and benefits of customs unions.

Read more
New materials

Multiple choice papers for Paper Three.

Read more
Brexit update

Article 50

What trading options are available to the UK?

Savings ratio

Savings ratio falls to lowest level on record.

Read more
Tax avoidance

Double Irish - and a Dutch Sandwich more..

The OECD presents its final package for reform of international tax rules..more

Bank of England - cuts interest rates to 0.25%..more.

OECD - reducing income inequality will boost growth..more