291 prompts matching "Let me explain: Utility maximisation"
Spot my mistake: Assuming that removing the middleman always lowers the price the consumer pays
Act as my SS3 Economics tutor. Write a short answer on assuming that removing the middlema
Spot my mistake: Taking over-population to mean simply a large population
Act as my SS3 Economics tutor. Write a short answer on taking over-population to mean simp
Spot my mistake: Treating import substitution and export promotion as the same policy
Act as my SS3 Economics tutor. Write a short answer on treating import substitution and ex
Spot my mistake: Comparing national income across years without adjusting for inflation
Act as my SS3 Economics tutor. Write a short answer on comparing national income across ye
Spot my mistake: Treating deflation and disinflation as the same thing
Act as my SS3 Economics tutor. Write a short answer on treating deflation and disinflation
Spot my mistake: Assuming all government revenue comes from taxation
Act as my SS3 Economics tutor. Write a short answer on assuming all government revenue com
Spot my mistake: Using a rise in GDP on its own as proof that development has taken place
Act as my SS3 Economics tutor. Write a short answer on using a rise in GDP on its own as p
Spot my mistake: Confusing the balance of trade with the balance of payments
Act as my SS3 Economics tutor. Write a short answer on confusing the balance of trade with
Spot my mistake: Treating the IMF and the World Bank as two names for the same institution
Act as my SS3 Economics tutor. Write a short answer on treating the IMF and the World Bank
Spot my mistake: Assuming an indirect tax is borne entirely by the consumer
Act as my SS3 Economics tutor. Write a short answer on assuming an indirect tax is borne e
Spot my mistake: Treating population density as the same thing as population size
Act as my SS3 Economics tutor. Write a short answer on treating population density as the
Spot my mistake: Including transfer payments when working out national income
Act as my SS3 Economics tutor. Write a short answer on including transfer payments when wo
Spot my mistake: Calling a tax progressive because the amount paid rises with income
Act as my SS3 Economics tutor. Write a short answer on calling a tax progressive because t
Spot my mistake: Treating a budget deficit and the national debt as the same figure
Act as my SS3 Economics tutor. Write a short answer on treating a budget deficit and the n
Spot my mistake: Assuming devaluation improves the balance of payments immediately
Act as my SS3 Economics tutor. Write a short answer on assuming devaluation improves the b
Spot my mistake: Reading ECOWAS membership as an automatic right to work in any member state
Act as my SS3 Economics tutor. Write a short answer on reading ECOWAS membership as an aut
Spot my mistake: Assuming price discrimination means charging different prices for different products
Act as my SS3 Economics tutor. Write a short answer on assuming price discrimination means
Practice set: Measures of dispersion: range, variance and standard deviation
Act as my SS3 Economics tutor. Give me five practice questions on measures of dispersion:
Quiz: The law of diminishing marginal utility
Act as my SS3 Economics tutor and quiz me on the law of diminishing marginal utility. Ask
Practice set: The price mechanism and its role in allocating scarce resources
Act as my SS3 Economics tutor. Give me five practice questions on the price mechanism and