300 prompts matching "Quiz: Price discrimination under monopoly and when it is possible"
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
Teach me: The determinants of PED, including availability of substitutes
Be my SS1 Economics teacher for this one point: the determinants of PED, including availab
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
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
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
Spot my mistake: Drawing three demand curves showing elastic, inelastic and perfectly inelastic demand
Show me a worked example on drawing three demand curves showing elastic, inelastic and per
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
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
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
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
WAEC prep: What happens to consumer surplus when supply increases
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on what h
Spot my mistake: One Nigerian privatisation against the objectives originally stated for it
Show me a worked example on one Nigerian privatisation against the objectives originally s
Spot my mistake: Six Nigerian public enterprises and the service each provides
Show me a worked example on six Nigerian public enterprises and the service each provides
Quiz: The meaning of market failure
I am revising Market Failure I for SS1 Economics. Test me on the meaning of market failure
Spot my mistake: Five correct is the pass standard
Show me a worked example on five correct is the pass standard with an error somewhere in i
Let me explain: Private cost, external cost and social cost
Let me talk you through private cost, external cost and social cost from the Private and S
Teach me: One proposed Nigerian project by comparing its social costs with its social benefits
I am an SS1 student studying Private and Social Costs and Benefits in Economics. Explain o
Quiz: Two government responses to each category
Quiz me on two government responses to each category, from the SS1 Economics topic Merit,
Practice set: Why a free market under-provides education
Set me five practice tasks on why a free market under-provides education, at the level exp
Spot my mistake: The mixed economic system and the balance struck between the private and public sectors
Show me a worked example on the mixed economic system and the balance struck between the p