236 prompts matching "Confusing accounting profit with economic profit"
Practice set: Gas flaring in the Niger Delta
Give me a practice set on gas flaring in the Niger Delta for SS1 Economics. Start with two
Practice set: Drawing a diagram showing social cost lying above private cost for a polluting activity
Give me a practice set on drawing a diagram showing social cost lying above private cost f
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
Real-life Nigeria: Completing a table of ten Nigerian goods classified as free
Show me how completing a table of ten Nigerian goods classified as free works in real life
Practice set: Eight correct is the pass standard
Set me five practice tasks on eight correct is the pass standard, at the level expected in
Spot my mistake: Why scarcity forces choice (4 marks), marked against the 0455 mark scheme wording
Show me a worked example on why scarcity forces choice (4 marks), marked against the 0455
Let me explain: Constructing a production possibility curve to scale on graph paper from a given output schedule
I am going to explain constructing a production possibility curve to scale on graph paper
Quiz: PPC construction and interpretation are examined on Paper 2
Quiz me on PPC construction and interpretation are examined on Paper 2, from the SS1 Econo
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
Let me explain: No separate syllabus topic, but the skill carries marks in every data-response question
Let me talk you through no separate syllabus topic, but the skill carries marks in every d
Real-life Nigeria: Converting NBS quarterly GDP sector shares into pie-chart angles (share multiplied by 360)
Take converting NBS quarterly GDP sector shares into pie-chart angles (share multiplied by
Spot my mistake: Constructing one pie chart and one bar chart from supplied NBS data
Show me a worked example on constructing one pie chart and one bar chart from supplied NBS
Practice set: Three reasons why a pie chart may mislead a reader
Set me five practice tasks on three reasons why a pie chart may mislead a reader, at the l
Spot my mistake: The four factors of production
Write a short SS1 Economics answer about the four factors of production that contains thre
Teach me: The classification of given Nigerian resources
I am an SS1 student studying Factors of Production in Economics. Explain the classificatio
Real-life Nigeria: Four factor cards matched against twelve characteristic cards
Show me how four factor cards matched against twelve characteristic cards works in real li
Spot my mistake: The classification of twelve items by factor; ten correct is the pass standard
Show me a worked example on the classification of twelve items by factor; ten correct is t
Let me explain: The private sector and the public sector compared
I am going to explain the private sector and the public sector compared to you, as an SS1
Quiz: The classification of six local firms by sector of ownership
Quiz me on the classification of six local firms by sector of ownership, from the SS1 Econ
Real-life Nigeria: Ten firms and organisations in their own town
Take ten firms and organisations in their own town out of the textbook. Describe a real Ni