278 prompts matching "The law of demand"
Practice set: Two disadvantages of the localisation of industry
Set me five practice tasks on two disadvantages of the localisation of industry, at the le
Spot my mistake: Drawing the circular flow of income for a four-sector economy showing consumption
Show me a worked example on drawing the circular flow of income for a four-sector economy
Let me explain: The equilibrium level of income as the point where planned injections equal planned withdrawals
Let me talk you through the equilibrium level of income as the point where planned injecti
Real-life Nigeria: Board construction of the four-sector circular flow
Show me how board construction of the four-sector circular flow works in real life in Nige
WAEC prep: Why a high propensity to import reduces the value of the multiplier
Act as my WAEC Economics examiner. I am in SS2. Set me an exam-standard question on why a
Teach me: The meaning of the money market
I am an SS2 student studying Financial Institutions in Economics. Explain the meaning of t
Quiz: The meaning of the capital market and classify its instruments
Set me a quick recall test on the meaning of the capital market and classify its instrumen
Real-life Nigeria: Calculation of the yield on a ninety-one day treasury bill from given issue price and face value
Take calculation of the yield on a ninety-one day treasury bill from given issue price and
Practice set: Four functions of the Central Bank of Nigeria
Set me five practice tasks on four functions of the Central Bank of Nigeria, at the level
Real-life Nigeria: Annotating two aggregate demand and supply diagrams
Take annotating two aggregate demand and supply diagrams out of the textbook. Describe a r
Real-life Nigeria: Cross-elasticity exercise using rice and garri, then petrol and cars
Show me how cross-elasticity exercise using rice and garri, then petrol and cars works in
Practice set: Why a firm selling a good with inelastic demand raises total revenue when it raises price
Set me five practice tasks on why a firm selling a good with inelastic demand raises total
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
Real-life Nigeria: Plotting total revenue against output for a firm facing a downward-sloping demand curve
Take plotting total revenue against output for a firm facing a downward-sloping demand cur
Spot my mistake: Fiscal, monetary and supply-side policies used to reduce each type of unemployment
Write a short SS2 Economics answer about fiscal, monetary and supply-side policies used to
Project task: Unemployment rate from a labour force of 70 million
Give me a practical task on unemployment rate from a labour force of 70 million from Emplo
WAEC prep: Four causes of structural unemployment in Nigeria
Act as my WAEC Economics examiner. I am in SS2. Set me an exam-standard question on four c
Let me explain: Demand-pull and cost-push inflation, illustrating each on an aggregate demand and supply sketch
I am going to explain demand-pull and cost-push inflation, illustrating each on an aggrega
Real-life Nigeria: Quickfire true or false set on the claim that falling prices always benefit consumers
Show me how quickfire true or false set on the claim that falling prices always benefit co
Practice set: Three causes of deflation
Set me five practice tasks on three causes of deflation, at the level expected in SS2 Defl