300 prompts matching "The effect of a subsidy on equilibrium price and quantity"
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
Practice set: Four consequences for consumers of a rise in the price of a staple food
Set me five practice tasks on four consequences for consumers of a rise in the price of a
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
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
Quiz: Calculating the mean, median and mode of a set of economic data
I am revising Basic Tools of Economic Analysis for SS1 Economics. Test me on calculating t
Quiz: The primary, secondary and tertiary stages of production for one Nigerian product
Set me a quick recall test on the primary, secondary and tertiary stages of production for
Spot my mistake: The classification of twelve items by factor; ten correct is the pass standard
Show me a worked example on the classification of twelve items by factor; ten correct is t
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
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
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
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
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
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: 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
Spot my mistake: Interpreting the shape of Nigeria's pyramid and contrast it with that of an ageing economy
Show me a worked example on interpreting the shape of Nigeria's pyramid and contrast it wi
Spot my mistake: Calculating natural increase and the rate of population growth from supplied vital statistics
Write a short SS1 Economics answer about calculating natural increase and the rate of popu
Teach me: The meaning of the primary, secondary and tertiary sectors
I am an SS1 student studying Structure of the Nigerian Economy in Economics. Explain the m
Spot my mistake: The classification of twenty activities by sector; sixteen correct is the pass standard
Show me a worked example on the classification of twenty activities by sector; sixteen cor
Quiz: The meaning of natural resources and distinguish renewable from non-renewable resources
Quiz me on the meaning of natural resources and distinguish renewable from non-renewable r