279 prompts matching "Applying elasticity to decisions about taxation and pricing"
WAEC prep: Paper 1 style set of ten multiple-choice items covering inflation and deflation
Act as my WAEC Economics examiner. I am in SS2. Set me an exam-standard question on paper
Quiz: National income accounting and define GDP, GNI and net national income
I am revising National Income Accounting for SS2 Economics. Test me on national income acc
Spot my mistake: Four limitations of GDP per head as a measure of living standards
Show me a worked example on four limitations of GDP per head as a measure of living standa
Spot my mistake: The merits and demerits of specialising
Show me a worked example on the merits and demerits of specialising with an error somewher
Real-life Nigeria: Calculating the crude-oil share of Nigeria's exports and the manufactured share of its imports
Take calculating the crude-oil share of Nigeria's exports and the manufactured share of it
WAEC prep: Drawing and label a diagram showing the effect of a tariff on imported rice
Act as my WAEC Economics examiner. I am in SS2. Set me an exam-standard question on drawin
Practice set: Stating the sign and name the relationship in each case
Give me a practice set on stating the sign and name the relationship in each case for SS2
Spot my mistake: Calculating the real wage from the nominal wage and CPI data given
Show me a worked example on calculating the real wage from the nominal wage and CPI data g
Spot my mistake: Calculating consumer equilibrium across two goods from a marginal utility and price table
Show me a worked example on calculating consumer equilibrium across two goods from a margi
Project task: Allocate a budget of one thousand naira between airtime
Give me a practical task on allocate a budget of one thousand naira between airtime from U
WAEC prep: Derive and plot a demand curve from the utility schedule given
Act as my WAEC Economics examiner. I am in SS2. Set me an exam-standard question on derive
Project task: Drawing a demand and supply diagram for the naira
Give me a practical task on drawing a demand and supply diagram for the naira from Foreign
Practice set: Recording the official CBN rate and a parallel market rate daily for one week
Give me a practice set on recording the official CBN rate and a parallel market rate daily
Spot my mistake: Drawing and label a diagram showing a depreciation of the naira against the dollar
Show me a worked example on drawing and label a diagram showing a depreciation of the nair
Spot my mistake: Calculating the average rate of tax for three incomes using the bands given
Show me a worked example on calculating the average rate of tax for three incomes using th
WAEC prep: Plotting and label progressive, proportional and regressive tax curves on one diagram
Act as my WAEC Economics examiner. I am in SS2. Set me an exam-standard question on plotti
Real-life Nigeria: Same diagram is redrawn with an inelastic demand curve
Take same diagram is redrawn with an inelastic demand curve out of the textbook. Describe
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
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: Calculation of break-even output from given fixed cost, selling price and variable cost per unit
Give me a practice set on calculation of break-even output from given fixed cost, selling