212 prompts matching "How a free enterprise economy allocates its resources"
Spot my mistake: Four determinants of the demand for cement in Nigeria
Show me a worked example on four determinants of the demand for cement in Nigeria with an
Practice set: Calculating PED for a N50 rise in the price of a data bundle
Give me a practice set on calculating PED for a N50 rise in the price of a data bundle for
Project task: Five PED calculations taken from past 0455 papers
Set me a small project on five PED calculations taken from past 0455 papers, the kind I co
Real-life Nigeria: Ranking eight Nigerian goods from most to least price elastic
Take ranking eight Nigerian goods from most to least price elastic out of the textbook. De
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
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
Project task: With six groups: each produces a wall chart for one case
Give me a practical task on with six groups: each produces a wall chart for one case from
Real-life Nigeria: Five PES calculations followed by a short comparison paragraph
Show me how five PES calculations followed by a short comparison paragraph works in real l
Spot my mistake: Two reasons why agricultural supply is price inelastic in the short run
Show me a worked example on two reasons why agricultural supply is price inelastic in the
Spot my mistake: The consequences of a price change for consumers, producers and workers in that market
Write a short SS1 Economics answer about the consequences of a price change for consumers,
Practice set: Five-link chain running from flooding in Kebbi to the price of imported rice in Lagos
Give me a practice set on five-link chain running from flooding in Kebbi to the price of i
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
Real-life Nigeria: Two diagrams, the primary market and one related market, with a short written commentary
Take two diagrams, the primary market and one related market, with a short written comment
Spot my mistake: Explain, using elasticity, why the same shift raises price more in one market than in another
Show me a worked example on explain, using elasticity, why the same shift raises price mor
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
Spot my mistake: One Nigerian privatisation against the objectives originally stated for it
Show me a worked example on one Nigerian privatisation against the objectives originally s
Teach me: Standard 8-mark discussion material
You are my personal SS1 Economics tutor. Teach me standard 8-mark discussion material, as
Practice set: Set the stated aims against the outcomes
Give me a practice set on set the stated aims against the outcomes for SS1 Economics. Star
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