300 prompts matching "The effect of a subsidy on equilibrium price and quantity"
Spot my mistake: How climate and soil determine the distribution of Nigerian cash crops
Show me a worked example on how climate and soil determine the distribution of Nigerian ca
Teach me: The location and contribution of petroleum, natural gas and solid minerals in Nigeria
I am an SS1 student studying Petroleum and Solid Minerals in Economics. Explain the locati
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
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
Real-life Nigeria: What price for bread) and answers it first as a central planner and then as a market
Show me how what price for bread) and answers it first as a central planner and then as a
Quiz: Surplus and shortage at prices above and below equilibrium and measure each in units
Quiz me on surplus and shortage at prices above and below equilibrium and measure each in
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
Quiz: The calculation appears on Paper 1 and the revenue implication on Paper 2
Quiz me on the calculation appears on Paper 1 and the revenue implication on Paper 2, from
Practice set: Calculating PED for a N50 rise in the price of a data bundle
Give me a practice set on calculating PED for a N50 rise in the price of a data bundle for
Teach me: The significance of PES for producers and government when demand changes suddenly
You are my personal SS1 Economics tutor. Teach me the significance of PES for producers an
Practice set: Five-link chain running from flooding in Kebbi to the price of imported rice in Lagos
Give me a practice set on five-link chain running from flooding in Kebbi to the price of i
Teach me: Four advantages and four disadvantages of a rapidly growing population for Nigeria
Be my SS1 Economics teacher for this one point: four advantages and four disadvantages of
Quiz: Two policies used to influence the rate of population growth
Quiz me on two policies used to influence the rate of population growth, from the SS1 Econ
Real-life Nigeria: Diagram of output per head against population size to locate the optimum
Show me how diagram of output per head against population size to locate the optimum works
Teach me: The meaning of economics
You are my personal SS1 Economics tutor. Teach me the meaning of economics, as it is taugh
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
Practice set: Their own definition of economics on the board, then refine it against the scarcity definition
Give me a practice set on their own definition of economics on the board, then refine it a
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
Teach me: How a shift of the PPC represents economic growth or a loss of productive capacity
Be my SS1 Economics teacher for this one point: how a shift of the PPC represents economic
Practice set: Two-good PPC (cassava and cement, millions of tonnes) on graph paper
Give me a practice set on two-good PPC (cassava and cement, millions of tonnes) on graph p