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Senior Secondary

Economics

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291 prompts matching "Let me explain: Over-population, under-population and optimum population, compar"

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

Spot my mistake: The claim that tertiary production is unproductive

Act as my SS3 Economics tutor. Write a short answer on the claim that tertiary production

Spot my mistake: Reading elasticity from the slope of a supply curve

Act as my SS3 Economics tutor. Write a short answer on reading elasticity from the slope o

Spot my mistake: Confusing economies of scale with an ordinary fall in variable cost

Act as my SS3 Economics tutor. Write a short answer on confusing economies of scale with a

Spot my mistake: The assumption that privatisation always improves efficiency

Act as my SS3 Economics tutor. Write a short answer on the assumption that privatisation a

Spot my mistake: Reading an index number as a percentage change from the previous year

Act as my SS3 Economics tutor. Write a short answer on reading an index number as a percen

Spot my mistake: Confusing the law of diminishing returns with the economies of scale

Act as my SS3 Economics tutor. Write a short answer on confusing the law of diminishing re

Spot my mistake: Reading limited liability as a limit on what the company itself owes

Act as my SS3 Economics tutor. Write a short answer on reading limited liability as a limi

Spot my mistake: Assuming a country rich in natural resources must therefore be a developed one

Act as my SS3 Economics tutor. Write a short answer on assuming a country rich in natural

Spot my mistake: Reading a point inside the production possibility curve as impossible rather than inefficient

Act as my SS3 Economics tutor. Write a short answer on reading a point inside the producti

Spot my mistake: Confusing the geographical mobility of labour with its occupational mobility

Act as my SS3 Economics tutor. Write a short answer on confusing the geographical mobility

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: 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: Treating a rise in the price of one good as inflation

Act as my SS3 Economics tutor. Write a short answer on treating a rise in the price of one

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

Practice set: Comparing the sources of capital open to each type of business

Act as my SS3 Economics tutor. Give me five practice questions on comparing the sources of

Practice set: The problems of goods distribution in Nigeria

Act as my SS3 Economics tutor. Give me five practice questions on the problems of goods di

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