265 prompts matching "Rationing as a companion measure to price control"
Teach me: The determinants of demand: income, the price of substitutes
You are my personal SS1 Economics tutor. Teach me the determinants of demand: income, the
Let me explain: Interpreting PED values as elastic, inelastic, unitary, perfectly elastic or perfectly inelastic
I am going to explain interpreting PED values as elastic, inelastic, unitary, perfectly el
Spot my mistake: The relationship between PED and total revenue using a worked revenue table
Give me a wrong or muddled explanation of the relationship between PED and total revenue u
Practice set: Calculating PED in five cases and classify each answer
Set me five practice tasks on calculating PED in five cases and classify each answer, at t
Practice set: Drawing and label four supply curves of differing elasticity
Set me five practice tasks on drawing and label four supply curves of differing elasticity
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
Let me explain: Examined as an extended chain of reasoning on Paper 2
I am going to explain examined as an extended chain of reasoning on Paper 2 to you, as an
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
Real-life Nigeria: Drawing a maximum price set below equilibrium showing the resulting shortage
Show me how drawing a maximum price set below equilibrium showing the resulting shortage w
Let me explain: The four basic economic questions
Let me talk you through the four basic economic questions from the Nature of the Economic
Teach me: Assessed as Paper 1 multiple choice and as the 2-mark define and 4-mark explain parts of Paper 2
I am an SS1 student studying Nature of the Economic Problem in Economics. Explain assessed
Real-life Nigeria: Completing a table of ten Nigerian goods classified as free
Show me how completing a table of ten Nigerian goods classified as free works in real life
Practice set: Eight correct is the pass standard
Set me five practice tasks on eight correct is the pass standard, at the level expected in
Let me explain: Constructing a production possibility curve to scale on graph paper from a given output schedule
I am going to explain constructing a production possibility curve to scale on graph paper
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
WAEC prep: Drawing and label a PPC to scale from a given schedule, showing three named points
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on drawin
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
Real-life Nigeria: Converting NBS quarterly GDP sector shares into pie-chart angles (share multiplied by 360)
Take converting NBS quarterly GDP sector shares into pie-chart angles (share multiplied by
WAEC prep: Calculating the mean, median and mode of ten price observations
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on calcul
Practice set: Three reasons why a pie chart may mislead a reader
Set me five practice tasks on three reasons why a pie chart may mislead a reader, at the l