279 prompts matching "Assuming an indirect tax is borne entirely by the consumer"
Spot my mistake: Calculating cross elasticity and income elasticity for a given set of data
Show me a worked example on calculating cross elasticity and income elasticity for a given
Practice set: Why a firm selling a good with inelastic demand raises total revenue when it raises price
Set me five practice tasks on why a firm selling a good with inelastic demand raises total
Spot my mistake: Calculating the real wage from the nominal wage and CPI data given
Show me a worked example on calculating the real wage from the nominal wage and CPI data g
Spot my mistake: Utility and distinguish total, average and marginal utility
Give me a wrong or muddled explanation of utility and distinguish total, average and margi
Practice set: The law of diminishing marginal utility using an example of your own
Set me five practice tasks on the law of diminishing marginal utility using an example of
Spot my mistake: Calculating consumer equilibrium across two goods from a marginal utility and price table
Show me a worked example on calculating consumer equilibrium across two goods from a margi
Spot my mistake: Calculating deficits and surpluses on each component
Write a short SS2 Economics answer about calculating deficits and surpluses on each compon
Real-life Nigeria: Sorting exercise placing twenty transactions - crude oil export
Take sorting exercise placing twenty transactions - crude oil export out of the textbook.
Spot my mistake: Calculating the balance of trade in goods from the table provided
Show me a worked example on calculating the balance of trade in goods from the table provi
Practice set: Whether a current account deficit is always harmful to an economy
Set me five practice tasks on whether a current account deficit is always harmful to an ec
Let me explain: The meaning of the exchange rate and distinguish floating, fixed and managed float systems
I am going to explain the meaning of the exchange rate and distinguish floating, fixed and
Spot my mistake: Drawing and label a diagram showing a depreciation of the naira against the dollar
Show me a worked example on drawing and label a diagram showing a depreciation of the nair
Spot my mistake: How price elasticity of demand and of supply determine the split of the burden between consumer
Give me a wrong or muddled explanation of how price elasticity of demand and of supply det
Real-life Nigeria: Same diagram is redrawn with an inelastic demand curve
Take same diagram is redrawn with an inelastic demand curve out of the textbook. Describe
Let me explain: The law of variable proportions, showing increasing, diminishing and negative returns
Act as my study partner. I will teach you the law of variable proportions, showing increas
Spot my mistake: The short run and the long run in terms of fixed and variable factors, compared
Show me a worked example on the short run and the long run in terms of fixed and variable
Spot my mistake: Complete the average and marginal product columns for six units of labour
Show me a worked example on complete the average and marginal product columns for six unit
Spot my mistake: The relationship between price changes and total revenue
Write a short SS2 Economics answer about the relationship between price changes and total
Spot my mistake: Calculating total, average and marginal revenue for five levels of output
Show me a worked example on calculating total, average and marginal revenue for five level
WAEC prep: The profit-maximising condition and apply it to the cost and revenue table given
Act as my WAEC Economics examiner. I am in SS2. Set me an exam-standard question on the pr