Category: study guides
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How Perfectly Competitive Firms Make Output Decisions A perfectly competitive firm
How Perfectly Competitive Firms Make Output Decisions A perfectly competitive firm has only one major decision to make—namely, what quantity to produce. To understand why this is so, consider a different way of writing out the basic definition of profit: Profit = Total Revenue – Total Cost = (Price)(Quantity Produced) – (Average Cost)(Quantity Produced) Since a perfectly…
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COMPARING MARGINAL REVENUE AND MARGINAL COSTS
Firms often do not have the necessary data they need to draw a complete total cost curve for all levels of production. They cannot be sure of what total costs would look like if they, say, doubled production or cut production in half, because they have not tried it. Instead, firms experiment. They produce a…
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How to Use Quotes in a Literary Analysis Essay?
Quotes in literary essays serve as textual evidence used to strengthen your interpretation of the text. When inserted correctly, quotes support your arguments and bring the necessary background to your writing. However, when used incorrectly, quotations can only bring mess in your essay and ruin your arguments. This guide will help you understand how to…
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Main Pitfalls of Learning a Second Language Writing System
Second language systems like Arabic, Chinese, Korean, Thai, Japanese, Greek and Russian all have different alphabets. Learning the alphabet is the first step in learning to read and write in these languages. As if learning a new language weren’t difficult enough, the process is made more complicated by having to learn a new writing system…
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Writing in English as a Second Language: Tips for Students
October 26, 2015Author: Steve Aedy As Columbia University Professor William Zissner observed, what’s valued as “good writing” in one language can be vastly different in another language. An ESL student of his from Egypt observed that Arabic writing uses a lot of proverbs, something an English writer can’t do if they want to be taken seriously. Students…
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How To Ask For Feedback on Your Writing
No one was born a writer. All writers had to go through the process of “becoming a writer” and, if you’ve read as many writer’s biographies as I have, you’ll know that it wasn’t an easy path for anyone. Maybe you want to ask for advice from a professional writer but you’re afraid they won’t…
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Best Ways To Improve Your Critical Reading Skills
Critical reading is a crucial skill for anyone seeking in-depth knowledge of a subject or who are aiming to become an expert or thought leader in a certain area. Critical reading means not taking things at face value, but really engaging in a text by asking questions, thinking about possible future research and taking the…
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How To Organize Your College Essay Properly
College freshman may get a rude awakening when they hand in their first college paper. What would have earned them high marks in high school is simply not acceptable anymore. High school papers, namely the five-paragraph essay, were your training wheels for more in-depth writing. Instead of looking at facts and pointing out general themes…
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How to Stay Passionate about Writing
August 31, 2015Author: Steve Aedy Every writer hits a dead end now and then. Creativity is a quality that’s defined by peaks and valleys. Many famous writers have gone through dry periods of writer’s block where they felt their work was worthless. It’s not just fiction writers who suffer this fate. Journalists, researchers and even students…
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Get Back to Studying Routine (Checklist for College Students)
out of your hair and get yourself into back-to-college mode again. It’s that time again. The long days of summer are coming to an end and the fall semester is upon us. Some students have a difficult time leaving the liberty of their summer days behind and getting serious about studying again. It’s perfectly natural,…