279 prompts matching "How each system answers what to produce, how, and for whom"
Quiz: Plotting total, average and marginal revenue
I am revising Theory of Production: Costs and Revenue for SS2 Economics. Test me on plotti
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
Project task: Applying MV = PT to given values to show the effect of a twenty per cent rise in the money
Give me a practical task on applying MV = PT to given values to show the effect of a twent
Practice set: Demand and supply diagram showing the effect of a government fertiliser subsidy on the maize
Give me a practice set on demand and supply diagram showing the effect of a government fer
Spot my mistake: The meaning of the industrial concepts plant, factory, firm, industry and industrial estate
Give me a wrong or muddled explanation of the meaning of the industrial concepts plant, fa
Teach me: The meaning of employment, unemployment and full employment
You are my personal SS2 Economics tutor. Teach me the meaning of employment, unemployment
Let me explain: The costs of unemployment to the unemployed, to firms and to government revenue
Let me talk you through the costs of unemployment to the unemployed, to firms and to gover
Teach me: Calculating the share of a single commodity in total export earnings
You are my personal SS2 Economics tutor. Teach me calculating the share of a single commod
Let me explain: Factors that shift the demand and supply curves for labour
Let me talk you through factors that shift the demand and supply curves for labour from th
Teach me: Derive an individual demand curve from a marginal utility schedule
You are my personal SS2 Economics tutor. Teach me derive an individual demand curve from a
Teach me: The causes of depreciation and appreciation
Be my SS2 Economics teacher for this one point: the causes of depreciation and appreciatio
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
Teach me: The relationship between the marginal and average product curves at their point of intersection
You are my personal SS2 Economics tutor. Teach me the relationship between the marginal an
Let me explain: Fixed, variable, total and average cost, compared
Let me talk you through fixed, variable, total and average cost, compared from the Theory
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
Let me explain: The supply of money and classify assets into the narrow and broad measures M1, M2 and M3
I am going to explain the supply of money and classify assets into the narrow and broad me
Teach me: The meaning of private and public limited companies
Be my SS2 Economics teacher for this one point: the meaning of private and public limited
Let me explain: Barriers to entry and the difference between a price taker and a price maker
Let me talk you through barriers to entry and the difference between a price taker and a p
Spot my mistake: Calculating the budget deficit and express it as a percentage of total expenditure
Show me a worked example on calculating the budget deficit and express it as a percentage
Spot my mistake: Drawing the circular flow of income for a four-sector economy showing consumption
Show me a worked example on drawing the circular flow of income for a four-sector economy