291 prompts matching "The significance of PES for producers and government when demand changes suddenl"
Let me explain: The kinked demand curve in oligopoly
I have just studied the kinked demand curve in oligopoly in my SS3 Economics class. Let me
WAEC prep: Comparing the four market structures on price, output and entry
Act as a WAEC/NECO Economics examiner. I am in SS 3. Set me five exam-style questions on c
Spot my mistake: Confusing accounting profit with economic profit
Act as my SS3 Economics tutor. Write a short answer on confusing accounting profit with ec
Teach me: Geographical mobility of labour
You are my personal SS3 Economics tutor. Teach me geographical mobility of labour, using a
Quiz: Occupational mobility of labour
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Teach me: Internal economies of scale
You are my personal SS3 Economics tutor. Teach me internal economies of scale, using a rea
Quiz: External economies of scale
Act as my SS3 Economics tutor and quiz me on external economies of scale. Ask five questio
Spot my mistake: Confusing economies of scale with an ordinary fall in variable cost
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Practice set: Working out national income from a set of given data
Act as my SS3 Economics tutor. Give me five practice questions on working out national inc
Spot my mistake: Assuming all government revenue comes from taxation
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Spot my mistake: Using a rise in GDP on its own as proof that development has taken place
Act as my SS3 Economics tutor. Write a short answer on using a rise in GDP on its own as p
Spot my mistake: Confusing economics with commerce and with accounting
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Quiz: Labour, and what determines its efficiency
Act as my SS3 Economics tutor and quiz me on labour, and what determines its efficiency. A
Teach me: Presenting economic data in tables and charts
You are my personal SS3 Economics tutor. Teach me presenting economic data in tables and c
Quiz: Mean, median and mode applied to economic data
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Practice set: Joint, competitive, derived and composite demand
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Practice set: Joint supply and competitive supply
Act as my SS3 Economics tutor. Give me five practice questions on joint supply and competi
Teach me: Total utility and marginal utility
You are my personal SS3 Economics tutor. Teach me total utility and marginal utility, usin
Spot my mistake: Consumer surplus and how it is measured on a diagram
Act as my SS3 Economics tutor. Write a short answer on consumer surplus and how it is meas
Teach me: Fixed cost, variable cost and total cost
You are my personal SS3 Economics tutor. Teach me fixed cost, variable cost and total cost