291 prompts matching "The profit-maximising output where marginal cost equals marginal revenue"
Teach me: Tracing the effects of a price change through related markets
I am an SS1 student studying The Price Mechanism at Work in Economics. Explain tracing the
Quiz: Using elasticity to judge how large the price and quantity effects of a given shift will be
Set me a quick recall test on using elasticity to judge how large the price and quantity e
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
Practice set: Four consequences for consumers of a rise in the price of a staple food
Set me five practice tasks on four consequences for consumers of a rise in the price of a
Spot my mistake: The meaning of consumer surplus and producer surplus
Give me a wrong or muddled explanation of the meaning of consumer surplus and producer sur
Teach me: Why total surplus is greatest at the market equilibrium
Be my SS1 Economics teacher for this one point: why total surplus is greatest at the marke
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
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
Quiz: The meaning of market failure
I am revising Market Failure I for SS1 Economics. Test me on the meaning of market failure
Practice set: Matching six Nigerian cases to their cause of failure
Set me five practice tasks on matching six Nigerian cases to their cause of failure, at th
Let me explain: The meaning of merit goods, demerit goods and public goods
I am going to explain the meaning of merit goods, demerit goods and public goods to you, a
Teach me: Why public goods are not supplied by the market and must be financed by government
Be my SS1 Economics teacher for this one point: why public goods are not supplied by the m
Teach me: The government's roles as producer, employer, regulator and redistributor
You are my personal SS1 Economics tutor. Teach me the government's roles as producer, empl
Quiz: The main methods of intervention — maximum
I am revising The Mixed Economy for SS1 Economics. Test me on the main methods of interven
Let me explain: Whether government intervention always improves the allocation of resources
Let me talk you through whether government intervention always improves the allocation of
Spot my mistake: The standard 8-mark evaluation at the end of Paper 2 Section B
Write a short SS1 Economics answer about the standard 8-mark evaluation at the end of Pape
Real-life Nigeria: Drawing a maximum price set below equilibrium showing the resulting shortage
Show me how drawing a maximum price set below equilibrium showing the resulting shortage w
Project task: 200-word judgement on whether the petrol subsidy should have been removed
Set me a small project on 200-word judgement on whether the petrol subsidy should have bee
Teach me: The meaning of population
I am an SS1 student studying Population Size and Census in Economics. Explain the meaning
Quiz: How Nigeria's population is counted, using the National Population Commission
Set me a quick recall test on how Nigeria's population is counted, using the National Popu