300 prompts matching "Duopoly and the interdependence of two sellers"
Spot my mistake: Explain, with one Nigerian example each, two advantages and two disadvantages of a market system
Show me a worked example on explain, with one Nigerian example each, two advantages and tw
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
Spot my mistake: A movement along a demand curve and a shift of the whole curve compared
Show me a worked example on A movement along a demand curve and a shift of the whole curve
Spot my mistake: The law of demand
Show me a worked example on the law of demand with an error somewhere in it. Do not tell m
Quiz: Why the supply curve slopes upwards in terms of profitability and rising costs
Set me a quick recall test on why the supply curve slopes upwards in terms of profitabilit
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
Teach me: Drawing demand and supply on one pair of axes to scale and read off the equilibrium
Be my SS1 Economics teacher for this one point: drawing demand and supply on one pair of a
Teach me: The determinants of demand: income, the price of substitutes
You are my personal SS1 Economics tutor. Teach me the determinants of demand: income, the
Spot my mistake: Four determinants of the demand for cement in Nigeria
Show me a worked example on four determinants of the demand for cement in Nigeria with an
Spot my mistake: The determinants of PES, including time period, stocks, spare capacity and factor mobility
Show me a worked example on the determinants of PES, including time period, stocks, spare
Teach me: The significance of PES for producers and government when demand changes suddenly
You are my personal SS1 Economics tutor. Teach me the significance of PES for producers an
Let me explain: The causes of a change in price in a market as a shift in demand or a shift in supply
Let me talk you through the causes of a change in price in a market as a shift in demand o
Spot my mistake: The consequences of a price change for consumers, producers and workers in that market
Write a short SS1 Economics answer about the consequences of a price change for consumers,
Quiz: Using elasticity to judge how large the price and quantity effects of a given shift will be
Set me a quick recall test on using elasticity to judge how large the price and quantity e
Project task: Map the knock-on effects of a diesel price rise on the bakery, cold-store and haulage markets
Set me a small project on map the knock-on effects of a diesel price rise on the bakery, c
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
Project task: Who gains and who loses when a market price rises, and whether the two effects cancel out
Give me a practical task on who gains and who loses when a market price rises, and whether
Let me explain: The meaning of merit goods, demerit goods and public goods
I am going to explain the meaning of merit goods, demerit goods and public goods to you, a
Spot my mistake: The standard 8-mark evaluation at the end of Paper 2 Section B
Write a short SS1 Economics answer about the standard 8-mark evaluation at the end of Pape