291 prompts matching "Why public goods are not supplied by the market and must be financed by governme"
WAEC prep: Over-population, under-population and optimum population
Act as a WAEC/NECO Economics examiner. I am in SS 3. Set me five exam-style questions on o
Let me explain: Import substitution set against export promotion
I have just studied import substitution set against export promotion in my SS3 Economics c
Practice set: Real against nominal national income, and income per head
Act as my SS3 Economics tutor. Give me five practice questions on real against nominal nat
Let me explain: Demand-pull inflation set against cost-push inflation
I have just studied demand-pull inflation set against cost-push inflation in my SS3 Economics class. Let me explain it back to you in my own words, then tell me plainly what I got wrong or left out. Ask me one follow-up question afterwards to test whether I really understood it.
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Quiz: How commercial banks create credit
Act as my SS3 Economics tutor and quiz me on how commercial banks create credit. Ask five
Quiz: Capital expenditure against recurrent expenditure
Act as my SS3 Economics tutor and quiz me on capital expenditure against recurrent expendi
Quiz: Absolute cost advantage and comparative cost advantage
Act as my SS3 Economics tutor and quiz me on absolute cost advantage and comparative cost
Let me explain: Trade creation and trade diversion
I have just studied trade creation and trade diversion in my SS3 Economics class. Let me e
Quiz: Reading a production possibility curve
Act as my SS3 Economics tutor and quiz me on reading a production possibility curve. Ask f
Quiz: Occupational mobility of labour
Act as my SS3 Economics tutor and quiz me on occupational mobility of labour. Ask five que
Quiz: How a centrally planned economy allocates its resources
Act as my SS3 Economics tutor and quiz me on how a centrally planned economy allocates its
Quiz: Elastic, inelastic and unitary demand
Act as my SS3 Economics tutor and quiz me on elastic, inelastic and unitary demand. Ask fi
WAEC prep: Income elasticity and cross elasticity of demand
Act as a WAEC/NECO Economics examiner. I am in SS 3. Set me five exam-style questions on i
Practice set: Applying elasticity to decisions about taxation and pricing
Act as my SS3 Economics tutor. Give me five practice questions on applying elasticity to d
Quiz: Elastic and inelastic supply distinguished
Act as my SS3 Economics tutor and quiz me on elastic and inelastic supply distinguished. A
WAEC prep: Buffer stock schemes and price stabilisation
Act as a WAEC/NECO Economics examiner. I am in SS 3. Set me five exam-style questions on b
Practice set: Rationing as a companion measure to price control
Act as my SS3 Economics tutor. Give me five practice questions on rationing as a companion
Quiz: External economies of scale
Act as my SS3 Economics tutor and quiz me on external economies of scale. Ask five questio
Let me explain: Internal and external diseconomies of scale
I have just studied internal and external diseconomies of scale in my SS3 Economics class.
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