300 prompts matching "Scarcity, choice and the fundamental economic problem"
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
Spot my mistake: Usually the 6- and 8-mark parts of Paper 2 Section B
Write a short SS1 Economics answer about usually the 6- and 8-mark parts of Paper 2 Sectio
Practice set: Identifying the aims of buyer, seller and auctioneer and how the price settles
Give me a practice set on identifying the aims of buyer, seller and auctioneer and how the
WAEC prep: Whether a market economic system always allocates resources well
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on whethe
Quiz: How the what, how and for whom decisions are taken in a planned economy
Set me a quick recall test on how the what, how and for whom decisions are taken in a plan
Real-life Nigeria: What price for bread) and answers it first as a central planner and then as a market
Show me how what price for bread) and answers it first as a central planner and then as a
Quiz: The meaning of demand
Quiz me on the meaning of demand, from the SS1 Economics topic Demand. Ask five short ques
Teach me: The income and substitution effects that give the demand curve its downward slope
You are my personal SS1 Economics tutor. Teach me the income and substitution effects that
Practice set: How the demand for one named commodity
Give me a practice set on how the demand for one named commodity for SS1 Economics. Start
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
Real-life Nigeria: Plotting the Week 8 demand schedule and this week's supply schedule on the same axes
Show me how plotting the Week 8 demand schedule and this week's supply schedule on the sam
Practice set: Listing five events that would raise the supply of rice in Nigeria and five that would cut it
Give me a practice set on listing five events that would raise the supply of rice in Niger
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
WAEC prep: The difference between a shift in demand and a movement along the demand curve
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on the di
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
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