274 prompts matching "Why scarcity forces choice (4 marks), marked against the 0455 mark scheme wordin"
Spot my mistake: Drawing and label a diagram showing the incidence of a specific tax when demand is inelastic
Show me a worked example on drawing and label a diagram showing the incidence of a specifi
WAEC prep: Calculating the consumer's share of the tax burden from the data given
Act as my WAEC Economics examiner. I am in SS2. Set me an exam-standard question on calcul
Spot my mistake: The short run and the long run in terms of fixed and variable factors, compared
Show me a worked example on the short run and the long run in terms of fixed and variable
Practice set: Pair task identifying the output at which marginal product cuts average product
Give me a practice set on pair task identifying the output at which marginal product cuts
Spot my mistake: Complete the average and marginal product columns for six units of labour
Show me a worked example on complete the average and marginal product columns for six unit
Practice set: The law of diminishing returns using the figures in your own table
Set me five practice tasks on the law of diminishing returns using the figures in your own
Real-life Nigeria: Plotting total revenue against output for a firm facing a downward-sloping demand curve
Take plotting total revenue against output for a firm facing a downward-sloping demand cur
WAEC prep: The profit-maximising condition and apply it to the cost and revenue table given
Act as my WAEC Economics examiner. I am in SS2. Set me an exam-standard question on the pr
Spot my mistake: The quantity theory of money in the form MV = PT
Give me a wrong or muddled explanation of the quantity theory of money in the form MV = PT
Practice set: Calculating the price level from the values of M, V and T provided
Set me five practice tasks on calculating the price level from the values of M, V and T pr
Spot my mistake: Two motives for holding money rather than an interest-bearing asset
Show me a worked example on two motives for holding money rather than an interest-bearing
Teach me: The meaning of private and public limited companies
Be my SS2 Economics teacher for this one point: the meaning of private and public limited
Spot my mistake: The problems of business financing in Nigeria
Show me a worked example on the problems of business financing in Nigeria with an error so
WAEC prep: Two advantages to a firm of raising finance by issuing debentures rather than ordinary shares
Act as my WAEC Economics examiner. I am in SS2. Set me an exam-standard question on two ad
Quiz: Imperfect competition and discuss the types: monopoly, monopolistic competition and oligopoly
I am revising Market Structures for SS2 Economics. Test me on imperfect competition and di
Spot my mistake: The importance of the national budget as an instrument of fiscal policy for growth
Give me a wrong or muddled explanation of the importance of the national budget as an inst
Spot my mistake: Calculating the budget deficit and express it as a percentage of total expenditure
Show me a worked example on calculating the budget deficit and express it as a percentage
WAEC prep: Whether a budget deficit is harmful to the Nigerian economy
Act as my WAEC Economics examiner. I am in SS2. Set me an exam-standard question on whethe
Teach me: The meaning of agriculture
Be my SS2 Economics teacher for this one point: the meaning of agriculture. Start with why
Let me explain: The prospects of agriculture for diversification, food security and employment
Let me talk you through the prospects of agriculture for diversification, food security an