300 prompts matching "Applying elasticity to decisions about taxation and pricing"
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
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
Practice set: Calculating PED for a N50 rise in the price of a data bundle
Give me a practice set on calculating PED for a N50 rise in the price of a data bundle for
Spot my mistake: Two reasons why agricultural supply is price inelastic in the short run
Show me a worked example on two reasons why agricultural supply is price inelastic in the
Teach me: Tracing the effects of a price change through related markets
I am an SS1 student studying The Price Mechanism at Work in Economics. Explain tracing the
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
Spot my mistake: One Nigerian privatisation against the objectives originally stated for it
Show me a worked example on one Nigerian privatisation against the objectives originally s
Practice set: Set the stated aims against the outcomes
Give me a practice set on set the stated aims against the outcomes for SS1 Economics. Star
Real-life Nigeria: Table of six Nigerian public enterprises
Take table of six Nigerian public enterprises out of the textbook. Describe a real Nigeria
WAEC prep: Whether Nigeria's refineries should be privatised
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on whethe
Quiz: The meaning of market failure
I am revising Market Failure I for SS1 Economics. Test me on the meaning of market failure
Project task: Cause of failure in three Nigerian cases
Give me a practical task on cause of failure in three Nigerian cases from Market Failure I
Real-life Nigeria: Comparison table built in groups covering public
Take comparison table built in groups covering public out of the textbook. Describe a real
WAEC prep: Four characteristics of a public good
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on four c
Quiz: The main methods of intervention — maximum
I am revising The Mixed Economy for SS1 Economics. Test me on the main methods of interven
Practice set: Matching five Nigerian interventions — fertiliser subsidy
Give me a practice set on matching five Nigerian interventions — fertiliser subsidy for SS
WAEC prep: Whether government intervention in the Nigerian fuel market improved the allocation of resources
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on whethe
Spot my mistake: Four uses of census data by the Nigerian government
Show me a worked example on four uses of census data by the Nigerian government with an er