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Yahya Abu

Maths | Economics | 6 years experience

£30per hour
10answers
117hours taught

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Asked by Shahir

Economics 📈

Please explain how the vertical distance between the Supply curve and the supply+ tax curve or Suppl...

If an item costs £1 on its own, and £1.20 with the tax, the difference in prices paid by consumer with and without the tax is £0.20. The vertical di...

Asked by Andre

Economics 📈

how can you easily apply cojointly analysis for willingness to pay?

Consider the following 2 options: 1) Coke can: 20p Location: 10 miles away 2) Coke can: £1 Location: 2 miles away If the consumer picks the second c...

Asked by Alex

Economics 📈

Can someone define econonies of scale and give an example?

Economies of scale is when a company is able to buy more for less. What does this mean? The bigger the company, the more financial power they have. ...

I don’t know what I want to be when I’m older?

Use this time to try out lots of different things and you will eventually find the thing you really like! ...

Asked by Abdalla

Economics 📈

What is the meaning of value added?

In Economics: The difference between the total sales revenue of an industry and the total cost of components, materials, and services purchased from...

About

Graduated with a First Class Honours in Economics and Finance at Queen Mary University. I have 6 years experience teaching Maths, Economics and Quran and love teaching them all from a very basic level to more advanced. I tailor my teaching methods to cater for the needs of different students - and if you’re like me and take time to understand things, dont worry - I will ensure I take things slowly and only move on when you are happy with a topic. I’ve taught over 200 students in total over 6 years and am still looking to help students out with subjects I know.

All answers

Asked by Shahir

Economics 📈

Please explain how the vertical distance between the Supply curve and the supply+ tax curve or Suppl...

If an item costs £1 on its own, and £1.20 with the tax, the difference in prices paid by consumer with and without the tax is £0.20. The vertical di...

Asked by Andre

Economics 📈

how can you easily apply cojointly analysis for willingness to pay?

Consider the following 2 options: 1) Coke can: 20p Location: 10 miles away 2) Coke can: £1 Location: 2 miles away If the consumer picks the second c...

Asked by Alex

Economics 📈

Can someone define econonies of scale and give an example?

Economies of scale is when a company is able to buy more for less. What does this mean? The bigger the company, the more financial power they have. ...

I don’t know what I want to be when I’m older?

Use this time to try out lots of different things and you will eventually find the thing you really like! ...

Asked by Abdalla

Economics 📈

What is the meaning of value added?

In Economics: The difference between the total sales revenue of an industry and the total cost of components, materials, and services purchased from...

Asked by Nadine

Economics 📈

What does incentive mean?

Think of it as simply the motivation. For example, if prices of a product go up, suppliers will use this as a motivation/incentive to produce more. ...

Asked by Fatima

Economics 📈

What is market structure?

A market structure is just the way businesses operate. There are 4 main ones: Perfect Competition, Monopolistic Competition (e.g. Local Corner Shop)...

Asked by Alexandru

Maths 💯

What is 2x+5y-5y+11x?

Treat x as eggs and y as grapes. You start off with 2 eggs (2x) and 5 grapes (5y) you then get rid of 5 grapes which is denoted by -5y and so in tot...

Asked by Cat

Maths 💯

(216^2)^1/3?

For questions like this, we just have to multiply the powers. So the new power would be 2 x 1/3 = 2/3. The answer then becomes 216^2/3. Trick: if yo...

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