298 prompts matching "Shifting aggregate demand right and short-run aggregate supply left on the board"
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
Spot my mistake: A standard Paper 2 diagram question and a frequent Paper 1 stem
Show me a worked example on A standard Paper 2 diagram question and a frequent Paper 1 ste
Practice set: Data response: a supplied price and quantity table for Nigerian rice
Set me five practice tasks on data response: a supplied price and quantity table for Niger
Spot my mistake: The determinants of PES, including time period, stocks, spare capacity and factor mobility
Show me a worked example on the determinants of PES, including time period, stocks, spare
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
Project task: Map the knock-on effects of a diesel price rise on the bakery, cold-store and haulage markets
Set me a small project on map the knock-on effects of a diesel price rise on the bakery, c
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
Practice set: From a supplied scale diagram, calculate consumer surplus before and after a N20 price rise
Give me a practice set on from a supplied scale diagram, calculate consumer surplus before
Project task: Who gains and who loses when a market price rises, and whether the two effects cancel out
Give me a practical task on who gains and who loses when a market price rises, and whether
Real-life Nigeria: 2013 unbundling and sale of PHCN into generation and distribution companies
Show me how 2013 unbundling and sale of PHCN into generation and distribution companies wo
Project task: Half the class argues for keeping refineries in state hands
Set me a small project on half the class argues for keeping refineries in state hands, the
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
Real-life Nigeria: Completing a six-row table of cause, Nigerian example and consequence
Show me how completing a six-row table of cause, Nigerian example and consequence works in
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
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
WAEC prep: Calculating social cost and social benefit in four numerical cases
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on calcul
Practice set: Two external costs and two external benefits of road building in Nigeria
Set me five practice tasks on two external costs and two external benefits of road buildin
Spot my mistake: Why merit goods are under-consumed and demerit goods over-consumed in a free market
Give me a wrong or muddled explanation of why merit goods are under-consumed and demerit g