294 prompts matching "Assuming a firm should shut down as soon as it begins to make a loss"
Teach me: The significance of PES for producers and government when demand changes suddenly
You are my personal SS1 Economics tutor. Teach me the significance of PES for producers an
Real-life Nigeria: Five PES calculations followed by a short comparison paragraph
Show me how five PES calculations followed by a short comparison paragraph works in real l
WAEC prep: Drawing two linked diagrams showing a shift in one market
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on drawin
Practice set: Four consequences for consumers of a rise in the price of a staple food
Set me five practice tasks on four consequences for consumers of a rise in the price of a
Spot my mistake: The meaning of consumer surplus and producer surplus
Give me a wrong or muddled explanation of the meaning of consumer surplus and producer sur
Teach me: Why total surplus is greatest at the market equilibrium
Be my SS1 Economics teacher for this one point: why total surplus is greatest at the marke
Quiz: Four advantages and four disadvantages of public enterprises in Nigeria
Quiz me on four advantages and four disadvantages of public enterprises in Nigeria, from t
Teach me: Standard 8-mark discussion material
You are my personal SS1 Economics tutor. Teach me standard 8-mark discussion material, as
Real-life Nigeria: 2013 unbundling and sale of PHCN into generation and distribution companies
Show me how 2013 unbundling and sale of PHCN into generation and distribution companies wo
Real-life Nigeria: Table of six Nigerian public enterprises
Take table of six Nigerian public enterprises out of the textbook. Describe a real Nigeria
Quiz: The meaning of market failure
I am revising Market Failure I for SS1 Economics. Test me on the meaning of market failure
Real-life Nigeria: Completing a six-row table of cause, Nigerian example and consequence
Show me how completing a six-row table of cause, Nigerian example and consequence works in
Teach me: Why public goods are not supplied by the market and must be financed by government
Be my SS1 Economics teacher for this one point: why public goods are not supplied by the m
Quiz: Two government responses to each category
Quiz me on two government responses to each category, from the SS1 Economics topic Merit,
Real-life Nigeria: Comparison table built in groups covering public
Take comparison table built in groups covering public out of the textbook. Describe a real
WAEC prep: Four characteristics of a public good
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on four c
Practice set: Why a free market under-provides education
Set me five practice tasks on why a free market under-provides education, at the level exp
Quiz: The main methods of intervention — maximum
I am revising The Mixed Economy for SS1 Economics. Test me on the main methods of interven
Real-life Nigeria: Drawing a maximum price set below equilibrium showing the resulting shortage
Show me how drawing a maximum price set below equilibrium showing the resulting shortage w
WAEC prep: Whether government intervention in the Nigerian fuel market improved the allocation of resources
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on whethe