274 prompts matching "Assuming that removing the middleman always lowers the price the consumer pays"
Let me explain: Interpreting PED values as elastic, inelastic or unitary
Act as my study partner. I will teach you interpreting PED values as elastic, inelastic or
Spot my mistake: Calculating cross elasticity and income elasticity for a given set of data
Show me a worked example on calculating cross elasticity and income elasticity for a given
WAEC prep: Calculating five PED values to two decimal places
Act as my WAEC Economics examiner. I am in SS2. Set me an exam-standard question on calcul
Teach me: Constructing a utility schedule from given data
Be my SS2 Economics teacher for this one point: constructing a utility schedule from given
Project task: Completing a utility schedule for successive bottles of water consumed on a hot afternoon
Set me a small project on completing a utility schedule for successive bottles of water co
Let me explain: Utility maximisation
Act as my study partner. I will teach you utility maximisation in my own words. Afterwards
Teach me: Derive an individual demand curve from a marginal utility schedule
You are my personal SS2 Economics tutor. Teach me derive an individual demand curve from a
Real-life Nigeria: Derivation exercise converting a marginal utility schedule into willingness to pay at three
Show me how derivation exercise converting a marginal utility schedule into willingness to
Practice set: Paper 1 style set of ten multiple-choice items on utility and demand
Set me five practice tasks on paper 1 style set of ten multiple-choice items on utility an
Quiz: Expenditure-reducing, expenditure-switching and supply-side policies used to correct a deficit
Set me a quick recall test on expenditure-reducing, expenditure-switching and supply-side
Project task: Completing a current account table for Nigeria from CBN Statistical Bulletin data
Set me a small project on completing a current account table for Nigeria from CBN Statisti
Real-life Nigeria: Sorting exercise placing twenty transactions - crude oil export
Take sorting exercise placing twenty transactions - crude oil export out of the textbook.
WAEC prep: Two causes of a current account deficit
Act as my WAEC Economics examiner. I am in SS2. Set me an exam-standard question on two ca
Project task: Classifying fifteen Nigerian taxes as direct or indirect
Set me a small project on classifying fifteen Nigerian taxes as direct or indirect, the ki
Spot my mistake: Four canons of a good tax system
Show me a worked example on four canons of a good tax system with an error somewhere in it
Practice set: Why indirect taxes are often described as regressive
Set me five practice tasks on why indirect taxes are often described as regressive, at the
WAEC prep: Plotting and label progressive, proportional and regressive tax curves on one diagram
Act as my WAEC Economics examiner. I am in SS2. Set me an exam-standard question on plotti
Real-life Nigeria: Same diagram is redrawn with an inelastic demand curve
Take same diagram is redrawn with an inelastic demand curve out of the textbook. Describe
Real-life Nigeria: Demonstrating diminishing returns
Show me how demonstrating diminishing returns works in real life in Nigeria. Use one concr
WAEC prep: Drawing and label total, average and marginal product curves
Act as my WAEC Economics examiner. I am in SS2. Set me an exam-standard question on drawin