267 prompts matching "Quiz: The PED formula"
Spot my mistake: How price elasticity of demand and of supply determine the split of the burden between consumer
Give me a wrong or muddled explanation of how price elasticity of demand and of supply det
Teach me: Calculating total tax revenue and each party's share of the burden from given price
Be my SS2 Economics teacher for this one point: calculating total tax revenue and each par
Project task: Drawing the supply shift caused by a fifty naira specific tax on a crate of soft drinks
Set me a small project on drawing the supply shift caused by a fifty naira specific tax on
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
Practice set: Why the burden of a tax on petrol falls mainly on consumers
Set me five practice tasks on why the burden of a tax on petrol falls mainly on consumers,
Let me explain: The law of variable proportions, showing increasing, diminishing and negative returns
Act as my study partner. I will teach you the law of variable proportions, showing increas
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
Teach me: The relationship between the marginal and average product curves at their point of intersection
You are my personal SS2 Economics tutor. Teach me the relationship between the marginal an
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
Quiz: Plotting total, average and marginal revenue
I am revising Theory of Production: Costs and Revenue for SS2 Economics. Test me on plotti
Spot my mistake: The relationship between price changes and total revenue
Write a short SS2 Economics answer about the relationship between price changes and total
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
Teach me: The meaning of money, state its functions
I am an SS2 student studying Demand for and Supply of Money in Economics. Explain the mean
Let me explain: The supply of money and classify assets into the narrow and broad measures M1, M2 and M3
I am going to explain the supply of money and classify assets into the narrow and broad me
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
Project task: Applying MV = PT to given values to show the effect of a twenty per cent rise in the money
Give me a practical task on applying MV = PT to given values to show the effect of a twent
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