300 prompts matching "How each system answers what to produce, how, and for whom"
Spot my mistake: The four groups of decision makers in an economy — consumers, workers, firms and government —
Give me a wrong or muddled explanation of the four groups of decision makers in an economy
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
Spot my mistake: Usually the 6- and 8-mark parts of Paper 2 Section B
Write a short SS1 Economics answer about usually the 6- and 8-mark parts of Paper 2 Sectio
Quiz: The meaning of demand
Quiz me on the meaning of demand, from the SS1 Economics topic Demand. Ask five short ques
Real-life Nigeria: Plotting a demand curve on graph paper
Take plotting a demand curve on graph paper out of the textbook. Describe a real Nigerian
Practice set: Derive a market demand schedule from three individual schedules and plot it
Set me five practice tasks on derive a market demand schedule from three individual schedu
Spot my mistake: Drawing a supply curve to scale from a given supply schedule
Write a short SS1 Economics answer about drawing a supply curve to scale from a given supp
Real-life Nigeria: Plotting the Week 8 demand schedule and this week's supply schedule on the same axes
Show me how plotting the Week 8 demand schedule and this week's supply schedule on the sam
Practice set: Listing five events that would raise the supply of rice in Nigeria and five that would cut it
Give me a practice set on listing five events that would raise the supply of rice in Niger
Spot my mistake: The meaning of equilibrium price and equilibrium quantity and locate both on a drawn diagram
Give me a wrong or muddled explanation of the meaning of equilibrium price and equilibrium
Practice set: How the market for hotel rooms in Lagos
Give me a practice set on how the market for hotel rooms in Lagos for SS1 Economics. Start
WAEC prep: Three causes of excess demand in a market
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on three
Practice set: Data response: a supplied price and quantity table for Nigerian rice
Set me five practice tasks on data response: a supplied price and quantity table for Niger
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
WAEC prep: The difference between a shift in demand and a movement along the demand curve
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on the di
Quiz: The calculation appears on Paper 1 and the revenue implication on Paper 2
Quiz me on the calculation appears on Paper 1 and the revenue implication on Paper 2, from
Let me explain: Drawing supply curves showing elastic, inelastic
Act as my study partner. I will teach you drawing supply curves showing elastic, inelastic
Practice set: Drawing and label four supply curves of differing elasticity
Set me five practice tasks on drawing and label four supply curves of differing elasticity
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
WAEC prep: Drawing two linked diagrams showing a shift in one market
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on drawin