300 prompts matching "The case for and against eliminating the middleman"
Spot my mistake: Applying the private and social cost framework from the Spring term to one Nigerian
Show me a worked example on applying the private and social cost framework from the Spring
Project task: Listing the private gains and the external costs and reach a reasoned verdict
Set me a small project on listing the private gains and the external costs and reach a rea
Spot my mistake: Drawing a diagram showing the divergence of private and social cost
Show me a worked example on drawing a diagram showing the divergence of private and social
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: 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
Let me explain: The private sector and the public sector compared
I am going to explain the private sector and the public sector compared to you, as an SS1
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
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
Spot my mistake: Usually the 6- and 8-mark parts of Paper 2 Section B
Write a short SS1 Economics answer about usually the 6- and 8-mark parts of Paper 2 Sectio
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
Spot my mistake: The meaning of equilibrium price and equilibrium quantity and locate both on a drawn diagram
Give me a wrong or muddled explanation of the meaning of equilibrium price and equilibrium
Let me explain: Disequilibrium and the process by which price returns to equilibrium
Act as my study partner. I will teach you disequilibrium and the process by which price re
WAEC prep: The difference between a shift in demand and a movement along the demand curve
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on the di
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: Using elasticity to judge how large the price and quantity effects of a given shift will be
Set me a quick recall test on using elasticity to judge how large the price and quantity e
Real-life Nigeria: Two diagrams, the primary market and one related market, with a short written commentary
Take two diagrams, the primary market and one related market, with a short written comment
Spot my mistake: The meaning of consumer surplus and producer surplus
Give me a wrong or muddled explanation of the meaning of consumer surplus and producer sur
Quiz: The cost-benefit comparison is standard 6- and 8-mark Paper 2 material
Set me a quick recall test on the cost-benefit comparison is standard 6- and 8-mark Paper
Let me explain: The meaning of merit goods, demerit goods and public goods
I am going to explain the meaning of merit goods, demerit goods and public goods to you, a
Spot my mistake: The standard 8-mark evaluation at the end of Paper 2 Section B
Write a short SS1 Economics answer about the standard 8-mark evaluation at the end of Pape