292 prompts matching "Assuming that removing the middleman always lowers the price the consumer pays"
Spot my mistake: Interpreting points on, inside and outside the PPC as efficient, under-used and unattainable
Give me a wrong or muddled explanation of interpreting points on, inside and outside the P
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
Let me explain: No separate syllabus topic, but the skill carries marks in every data-response question
Let me talk you through no separate syllabus topic, but the skill carries marks in every d
Spot my mistake: The four factors of production
Write a short SS1 Economics answer about the four factors of production that contains thre
Teach me: The classification of given Nigerian resources
I am an SS1 student studying Factors of Production in Economics. Explain the classificatio
Practice set: Tracing the stages of production of a bag of Dangote cement from limestone at Obajana to a
Give me a practice set on tracing the stages of production of a bag of Dangote cement from
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
Let me explain: The private sector and the public sector compared
I am going to explain the private sector and the public sector compared to you, as an SS1
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
Practice set: One-page comparison table of the three ownership forms, with no financing detail at this stage
Give me a practice set on one-page comparison table of the three ownership forms, with no
Spot my mistake: The main features of a market economic system
Show me a worked example on the main features of a market economic system with an error so
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: 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
Practice set: Two-column comparison chart completed on the board by the class
Give me a practice set on two-column comparison chart completed on the board by the class
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
Project task: Demand for sachet water at five prices is tabulated, summed and plotted on one pair of axes
Set me a small project on demand for sachet water at five prices is tabulated, summed and
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
Spot my mistake: The law of demand
Show me a worked example on the law of demand with an error somewhere in it. Do not tell m