281 prompts matching "Who gains and who loses when a market price rises, and whether the two effects c"
Spot my mistake: Calling a change in price a shift of the demand curve
Act as my SS3 Economics tutor. Write a short answer on calling a change in price a shift o
Spot my mistake: Assuming a monopolist can fix price and quantity independently of each other
Act as my SS3 Economics tutor. Write a short answer on assuming a monopolist can fix price
Spot my mistake: Setting a maximum price above the equilibrium price and expecting it to bite
Act as my SS3 Economics tutor. Write a short answer on setting a maximum price above the e
Teach me: How equilibrium price is fixed by demand and supply together
You are my personal SS3 Economics tutor. Teach me how equilibrium price is fixed by demand
Let me explain: The effect of a shift in supply on equilibrium price and quantity
I have just studied the effect of a shift in supply on equilibrium price and quantity in m
Practice set: The price mechanism and its role in allocating scarce resources
Act as my SS3 Economics tutor. Give me five practice questions on the price mechanism and
Practice set: Price and output determination under perfect competition and under monopoly
Act as my SS3 Economics tutor. Give me five practice questions on price and output determi
Practice set: Real against nominal national income, and income per head
Act as my SS3 Economics tutor. Give me five practice questions on real against nominal nat
Let me explain: Demand-pull inflation set against cost-push inflation
I have just studied demand-pull inflation set against cost-push inflation in my SS3 Economics class. Let me explain it back to you in my own words, then tell me plainly what I got wrong or left out. Ask me one follow-up question afterwards to test whether I really understood it.
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Let me explain: The money market and the capital market compared
I have just studied the money market and the capital market compared in my SS3 Economics c
Teach me: Price elasticity of demand and how it is calculated
You are my personal SS3 Economics tutor. Teach me price elasticity of demand and how it is
Let me explain: The determinants of price elasticity of demand
I have just studied the determinants of price elasticity of demand in my SS3 Economics cla
Teach me: Price elasticity of supply and how it is calculated
You are my personal SS3 Economics tutor. Teach me price elasticity of supply and how it is
Let me explain: Disequilibrium, and the forces that push a market back to balance
I have just studied disequilibrium, and the forces that push a market back to balance in m
Teach me: Maximum price legislation and why governments impose it
You are my personal SS3 Economics tutor. Teach me maximum price legislation and why govern
Let me explain: Minimum price legislation and the minimum wage
I have just studied minimum price legislation and the minimum wage in my SS3 Economics cla
Practice set: Collective bargaining and the methods unions use
Act as my SS3 Economics tutor. Give me five practice questions on collective bargaining an
Quiz: Surplus and deficit budgets, and when each is used
Act as my SS3 Economics tutor and quiz me on surplus and deficit budgets, and when each is
Quiz: The determinants of supply other than price
Act as my SS3 Economics tutor and quiz me on the determinants of supply other than price.
Quiz: The functions performed by a wholesaler
Act as my SS3 Economics tutor and quiz me on the functions performed by a wholesaler. Ask