300 prompts matching "Whether monopoly is always against the interest of the consumer"
Teach me: Assessed as Paper 1 multiple choice and as the 2-mark define and 4-mark explain parts of Paper 2
I am an SS1 student studying Nature of the Economic Problem in Economics. Explain assessed
Quiz: The meaning of opportunity cost
Set me a quick recall test on the meaning of opportunity cost at SS1 level. Five questions
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
Practice set: Analyse, using a PPC diagram, the effect of a fall in oil revenue on Nigeria's productive
Set me five practice tasks on analyse, using a PPC diagram, the effect of a fall in oil re
Spot my mistake: Calculating sector angles and construct a pie chart from a given set of data
Show me a worked example on calculating sector angles and construct a pie chart from a giv
Teach me: The classification of given Nigerian resources
I am an SS1 student studying Factors of Production in Economics. Explain the classificatio
Quiz: The primary, secondary and tertiary stages of production for one Nigerian product
Set me a quick recall test on the primary, secondary and tertiary stages of production for
Practice set: Tracing the stages of production of a bag of Dangote cement from limestone at Obajana to a
Give me a practice set on tracing the stages of production of a bag of Dangote cement from
Teach me: How the price mechanism answers the what
You are my personal SS1 Economics tutor. Teach me how the price mechanism answers the what
Practice set: Identifying the aims of buyer, seller and auctioneer and how the price settles
Give me a practice set on identifying the aims of buyer, seller and auctioneer and how the
Spot my mistake: Explain, with one Nigerian example each, two advantages and two disadvantages of a market system
Show me a worked example on explain, with one Nigerian example each, two advantages and tw
Teach me: The main features of a planned economic system, including state ownership and central planning
I am an SS1 student studying The Planned Economic System in Economics. Explain the main fe
Spot my mistake: Two merits and two demerits of central planning
Give me a wrong or muddled explanation of two merits and two demerits of central planning
Practice set: Two-column comparison chart completed on the board by the class
Give me a practice set on two-column comparison chart completed on the board by the class
Spot my mistake: Complete a four-row comparison table of market and planned systems
Show me a worked example on complete a four-row comparison table of market and planned sys
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: Drawing diagrams showing the effect on equilibrium price
Write a short SS1 Economics answer about drawing diagrams showing the effect on equilibriu
Teach me: This is exactly the 6-mark diagram question on Paper 2
I am an SS1 student studying Changes in Demand and Supply in Economics. Explain this is ex
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
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