182 prompts matching "Why a firm selling a good with inelastic demand raises total revenue when it rai"
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
Quiz: The classification of six local firms by sector of ownership
Quiz me on the classification of six local firms by sector of ownership, from the SS1 Econ
Real-life Nigeria: Ten firms and organisations in their own town
Take ten firms and organisations in their own town out of the textbook. Describe a real Ni
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
Real-life Nigeria: Annotating a blank diagram with the three functions of price
Take annotating a blank diagram with the three functions of price out of the textbook. Des
Quiz: The meaning of demand
Quiz me on the meaning of demand, from the SS1 Economics topic Demand. Ask five short ques
Let me explain: Drawing a demand curve to scale from a given demand schedule
Act as my study partner. I will teach you drawing a demand curve to scale from a given dem
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
Real-life Nigeria: Plotting a demand curve on graph paper
Take plotting a demand curve on graph paper out of the textbook. Describe a real Nigerian
Practice set: Derive a market demand schedule from three individual schedules and plot it
Set me five practice tasks on derive a market demand schedule from three individual schedu
Quiz: Why the supply curve slopes upwards in terms of profitability and rising costs
Set me a quick recall test on why the supply curve slopes upwards in terms of profitabilit
Real-life Nigeria: Plotting the Week 8 demand schedule and this week's supply schedule on the same axes
Show me how plotting the Week 8 demand schedule and this week's supply schedule on the sam
Practice set: Why supply curves normally slope upwards
Set me five practice tasks on why supply curves normally slope upwards, at the level expec
Let me explain: Joint, competitive, derived and composite demand, compared
Let me talk you through joint, competitive, derived and composite demand, compared from th
Real-life Nigeria: Ranking eight Nigerian goods from most to least price elastic
Take ranking eight Nigerian goods from most to least price elastic out of the textbook. De
Let me explain: Drawing supply curves showing elastic, inelastic
Act as my study partner. I will teach you drawing supply curves showing elastic, inelastic
Quiz: Commonly paired with PED in the part (c) analysis on Paper 2
I am revising Price Elasticity of Supply for SS1 Economics. Test me on commonly paired wit
Practice set: Comparing the PES of tomatoes within a growing season
Give me a practice set on comparing the PES of tomatoes within a growing season for SS1 Ec
Project task: With six groups: each produces a wall chart for one case
Give me a practical task on with six groups: each produces a wall chart for one case from
Let me explain: The causes of a change in price in a market as a shift in demand or a shift in supply
Let me talk you through the causes of a change in price in a market as a shift in demand o