300 prompts matching "Applying elasticity to decisions about taxation and pricing"
Quiz: The meaning of opportunity cost
Set me a quick recall test on the meaning of opportunity cost at SS1 level. Five questions
Teach me: How a shift of the PPC represents economic growth or a loss of productive capacity
Be my SS1 Economics teacher for this one point: how a shift of the PPC represents economic
Project task: Plotting a second PPC from a six-row schedule
Set me a small project on plotting a second PPC from a six-row schedule, the kind I could
Practice set: Analyse, using a PPC diagram, the effect of a fall in oil revenue on Nigeria's productive
Set me five practice tasks on analyse, using a PPC diagram, the effect of a fall in oil re
Let me explain: Constructing a frequency table from raw economic data
Act as my study partner. I will teach you constructing a frequency table from raw economic
Practice set: Three reasons why a pie chart may mislead a reader
Set me five practice tasks on three reasons why a pie chart may mislead a reader, at the l
Teach me: How the price mechanism answers the what
You are my personal SS1 Economics tutor. Teach me how the price mechanism answers the what
Practice set: Three functions of price in a market economy
Set me five practice tasks on three functions of price in a market economy, at the level e
Practice set: Four features of a planned economy
Set me five practice tasks on four features of a planned economy, at the level expected in
Let me explain: The meaning of supply
Let me talk you through the meaning of supply from the Supply topic. When I finish, grade
Practice set: Why supply curves normally slope upwards
Set me five practice tasks on why supply curves normally slope upwards, at the level expec
Teach me: This is exactly the 6-mark diagram question on Paper 2
I am an SS1 student studying Changes in Demand and Supply in Economics. Explain this is ex
Quiz: The PED formula
Set me a quick recall test on the PED formula at SS1 level. Five questions, one at a time,
Project task: Five PED calculations taken from past 0455 papers
Set me a small project on five PED calculations taken from past 0455 papers, the kind I co
Let me explain: Drawing supply curves showing elastic, inelastic
Act as my study partner. I will teach you drawing supply curves showing elastic, inelastic
Quiz: Commonly paired with PED in the part (c) analysis on Paper 2
I am revising Price Elasticity of Supply for SS1 Economics. Test me on commonly paired wit
Project task: With six groups: each produces a wall chart for one case
Give me a practical task on with six groups: each produces a wall chart for one case from
Let me explain: Examined as an extended chain of reasoning on Paper 2
I am going to explain examined as an extended chain of reasoning on Paper 2 to you, as an
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
Let me explain: Privatisation
Act as my study partner. I will teach you privatisation in my own words. Afterwards, ask m