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Cezary B.
Tax Advisor at Ernst & Young
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Microsoft Excel
TutorMe
Question:

How would you search the data from another excel file without using the "vlookup" function?

Cezary B.
Answer:

"Index-match" function can be used instead of "vlookup". It can search the whole spreadsheet not only from left to right (as vlookup does).

Microeconomics
TutorMe
Question:

How would you describe the pure monopol?

Cezary B.
Answer:

Pure monopoly properties: 1) there is only one buyer or seller on the market; 2) monopolist has no preference (non-discriminatory monopoly); 3) the market is fully accessible; 4) there is no competition.

Macroeconomics
TutorMe
Question:

What is Laffer curve?

Cezary B.
Answer:

That curve shows the relationship between the tax rates and the amount of tax revenue gathered by the government. It says, that starting from a some point the higher tax rates leads to the lower tax revenue.

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