300 prompts matching "Price and output determination under perfect competition and under monopoly"
Spot my mistake: Drawing a maximum price diagram to scale and measure the resulting shortage in units
Show me a worked example on drawing a maximum price diagram to scale and measure the resul
Let me explain: Over-population, under-population and optimum population, compared
I am going to explain over-population, under-population and optimum population, compared t
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
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
Let me explain: Interpreting PED values as elastic, inelastic, unitary, perfectly elastic or perfectly inelastic
I am going to explain interpreting PED values as elastic, inelastic, unitary, perfectly el
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
Let me explain: Constructing a production possibility curve to scale on graph paper from a given output schedule
I am going to explain constructing a production possibility curve to scale on graph paper
Teach me: How the price mechanism answers the what
You are my personal SS1 Economics tutor. Teach me how the price mechanism answers the what
Real-life Nigeria: Annotating a blank diagram with the three functions of price
Take annotating a blank diagram with the three functions of price out of the textbook. Des
Practice set: Three functions of price in a market economy
Set me five practice tasks on three functions of price in a market economy, at the level e
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
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
Spot my mistake: Drawing diagrams showing the effect on equilibrium price
Write a short SS1 Economics answer about drawing diagrams showing the effect on equilibriu
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
Quiz: The calculation appears on Paper 1 and the revenue implication on Paper 2
Quiz me on the calculation appears on Paper 1 and the revenue implication on Paper 2, from
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
Real-life Nigeria: Ranking eight Nigerian goods from most to least price elastic
Take ranking eight Nigerian goods from most to least price elastic out of the textbook. De
Practice set: Calculating PED in five cases and classify each answer
Set me five practice tasks on calculating PED in five cases and classify each answer, at t
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
Practice set: Drawing and label four supply curves of differing elasticity
Set me five practice tasks on drawing and label four supply curves of differing elasticity