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Economics
Have you ever wondered how different market regulations impact supply and demand? Here, we’ll examine one common regulatory measure, price floors, in order to understand both how they work and their real-world ramifications.
Subject Matter Expert
Calculus
The Power Rule is one of the fundamental derivative rules in the field of Calculus. In this article, we'll first discuss its definition and how to use it, and then take a deeper dive by looking at its application to a number of specific functions.
Subject Matter Expert
Statistics
Standard deviation is one of the most crucial concepts in the field of Statistics. Here, we'll take you through its definition and uses, and then teach you step by step how to calculate it for any data set.
Subject Matter Expert
Economics
Learn what a perfectly competitive firm is, how they make output decisions, and how they determine the highest profit by comparing total revenue and total cost.
Subject Matter Expert
Economics
Learn what is a budget constraint, how to create one, and how to implement it in an economic situation, along with some examples.
Subject Matter Expert
Calculus
This article explains the definition of an inflection point, as well as the relationship between inflection points and concave up/concave down intervals. We also discuss how to find inflection points on a graph and how to identify inflection points in 5 steps using a table.
Subject Matter Expert
College Success
In this article, we’ll discuss the meaning of slope, tangent, and the derivative. We’ll learn how to derive the limit definition of the derivative. Then, we’ll examine the most common derivative rules and practice with some examples.
Subject Matter Expert
Economics
Learn what the production possibilities curve is, how it works and how the model affects the economy and its relationship with comparative and absolute advantage.
Subject Matter Expert
Economics
Learn what relative elasticity is, the factors that influence it, and the difference between perfectly elastic and perfectly inelastic demand.
Subject Matter Expert
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