291 prompts matching "Calculating the VAT payable on the bill provided"
Spot my mistake: Calling a change in price a shift of the demand curve
Act as my SS3 Economics tutor. Write a short answer on calling a change in price a shift o
Spot my mistake: Taking over-population to mean simply a large population
Act as my SS3 Economics tutor. Write a short answer on taking over-population to mean simp
Spot my mistake: Comparing national income across years without adjusting for inflation
Act as my SS3 Economics tutor. Write a short answer on comparing national income across ye
Spot my mistake: Assuming all government revenue comes from taxation
Act as my SS3 Economics tutor. Write a short answer on assuming all government revenue com
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: Assuming a centrally planned economy has no prices at all
Act as my SS3 Economics tutor. Write a short answer on assuming a centrally planned econom
Spot my mistake: Reading the steepness of a demand curve as its elasticity
Act as my SS3 Economics tutor. Write a short answer on reading the steepness of a demand c
Spot my mistake: Setting a maximum price above the equilibrium price and expecting it to bite
Act as my SS3 Economics tutor. Write a short answer on setting a maximum price above the e
Spot my mistake: Assuming a firm should shut down as soon as it begins to make a loss
Act as my SS3 Economics tutor. Write a short answer on assuming a firm should shut down as
Spot my mistake: Treating a debenture holder as an owner of the company
Act as my SS3 Economics tutor. Write a short answer on treating a debenture holder as an o
Spot my mistake: Counting everyone without paid work as unemployed
Act as my SS3 Economics tutor. Write a short answer on counting everyone without paid work
Spot my mistake: Assuming large-scale production is always cheaper for each unit produced
Act as my SS3 Economics tutor. Write a short answer on assuming large-scale production is
Spot my mistake: Including transfer payments when working out national income
Act as my SS3 Economics tutor. Write a short answer on including transfer payments when wo
Spot my mistake: Calling a tax progressive because the amount paid rises with income
Act as my SS3 Economics tutor. Write a short answer on calling a tax progressive because t
Spot my mistake: Assuming OPEC fixes the world price of crude oil directly
Act as my SS3 Economics tutor. Write a short answer on assuming OPEC fixes the world price
Spot my mistake: Assuming price discrimination means charging different prices for different products
Act as my SS3 Economics tutor. Write a short answer on assuming price discrimination means
Quiz: Labour, and what determines its efficiency
Act as my SS3 Economics tutor and quiz me on labour, and what determines its efficiency. A
WAEC prep: How each system answers what to produce, how, and for whom
Act as a WAEC/NECO Economics examiner. I am in SS 3. Set me five exam-style questions on h
WAEC prep: Percentages, ratios and index numbers
Act as a WAEC/NECO Economics examiner. I am in SS 3. Set me five exam-style questions on p
Practice set: Joint, competitive, derived and composite demand
Act as my SS3 Economics tutor. Give me five practice questions on joint, competitive, deri