300 prompts matching "Price and output determination under perfect competition and under monopoly"
WAEC prep: Whether a market economic system always allocates resources well
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on whethe
Practice set: Two-column comparison chart completed on the board by the class
Give me a practice set on two-column comparison chart completed on the board by the class
Project task: Takes one allocation decision
Give me a practical task on takes one allocation decision from The Planned Economic System
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
WAEC prep: Two disadvantages of central planning
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on two di
Let me explain: The meaning of supply
Let me talk you through the meaning of supply from the Supply topic. When I finish, grade
Spot my mistake: Drawing a supply curve to scale from a given supply schedule
Write a short SS1 Economics answer about drawing a supply curve to scale from a given supp
WAEC prep: Four factors that shift the supply curve of maize
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on four f
Practice set: Why supply curves normally slope upwards
Set me five practice tasks on why supply curves normally slope upwards, at the level expec
Real-life Nigeria: From a supplied schedule, draw the diagram to scale
Take from a supplied schedule, draw the diagram to scale out of the textbook. Describe a r
Practice set: How the market for hotel rooms in Lagos
Give me a practice set on how the market for hotel rooms in Lagos for SS1 Economics. Start
Quiz: The determinants of supply: costs of production
I am revising Changes in Demand and Supply for SS1 Economics. Test me on the determinants
Project task: Drawing four diagrams, one per shift case, correctly labelled D1/D2 or S1/S2
Give me a practical task on drawing four diagrams, one per shift case, correctly labelled
Real-life Nigeria: Classifying twelve pairs of Nigerian goods as substitutes or complements
Show me how classifying twelve pairs of Nigerian goods as substitutes or complements works
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
WAEC prep: Whether a Nigerian bus operator should raise fares
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on whethe
Let me explain: Drawing supply curves showing elastic, inelastic
Act as my study partner. I will teach you drawing supply curves showing elastic, inelastic
Practice set: Comparing the PES of tomatoes within a growing season
Give me a practice set on comparing the PES of tomatoes within a growing season for SS1 Ec
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