225 prompts matching "Calculation of break-even output from given fixed cost, selling price and variab"
Project task: Listing four effects on producers and workers of a fall in the oil price from 90 to 60 dollars
Give me a practical task on listing four effects on producers and workers of a fall in the
Spot my mistake: The relationship between PED and total revenue using a worked revenue table
Give me a wrong or muddled explanation of the relationship between PED and total revenue u
Spot my mistake: The four groups of decision makers in an economy — consumers, workers, firms and government —
Give me a wrong or muddled explanation of the four groups of decision makers in an economy
Spot my mistake: Two merits and two demerits of central planning
Give me a wrong or muddled explanation of two merits and two demerits of central planning
Spot my mistake: The meaning of equilibrium price and equilibrium quantity and locate both on a drawn diagram
Give me a wrong or muddled explanation of the meaning of equilibrium price and equilibrium
Spot my mistake: The meaning of consumer surplus and producer surplus
Give me a wrong or muddled explanation of the meaning of consumer surplus and producer sur
Spot my mistake: Three difficulties of conducting an accurate census in Nigeria
Give me a wrong or muddled explanation of three difficulties of conducting an accurate cen
Spot my mistake: The Malthusian view of population and food supply
Give me a wrong or muddled explanation of the Malthusian view of population and food suppl
Spot my mistake: Suggest three ways of adding value to Nigerian mineral resources before they leave the country
Give me a wrong or muddled explanation of suggest three ways of adding value to Nigerian m
Teach me: The meaning of economics
You are my personal SS1 Economics tutor. Teach me the meaning of economics, as it is taugh
Teach me: Assessed as Paper 1 multiple choice and as the 2-mark define and 4-mark explain parts of Paper 2
I am an SS1 student studying Nature of the Economic Problem in Economics. Explain assessed
Project task: Cutting headlines from BusinessDay, The Punch
Give me a practical task on cutting headlines from BusinessDay, The Punch from Nature of t
Teach me: How a shift of the PPC represents economic growth or a loss of productive capacity
Be my SS1 Economics teacher for this one point: how a shift of the PPC represents economic
Project task: Computes the mean, median and mode of the monthly price of one staple food
Give me a practical task on computes the mean, median and mode of the monthly price of one
Quiz: The classification of six local firms by sector of ownership
Quiz me on the classification of six local firms by sector of ownership, from the SS1 Econ
Let me explain: Two advantages and two disadvantages of leaving allocation to the market
Let me talk you through two advantages and two disadvantages of leaving allocation to the
Teach me: The main features of a planned economic system, including state ownership and central planning
I am an SS1 student studying The Planned Economic System in Economics. Explain the main fe
Quiz: The meaning of demand
Quiz me on the meaning of demand, from the SS1 Economics topic Demand. Ask five short ques
Let me explain: The meaning of supply
Let me talk you through the meaning of supply from the Supply topic. When I finish, grade
Teach me: An extension of supply and an increase in supply using a labelled diagram, compared
I am an SS1 student studying Supply in Economics. Explain an extension of supply and an in