236 prompts matching "Confusing accounting profit with economic profit"
Spot my mistake: Three Nigerian public corporations
Show me a worked example on three Nigerian public corporations with an error somewhere in
Let me explain: Two advantages and two disadvantages of leaving allocation to the market
Let me talk you through two advantages and two disadvantages of leaving allocation to the
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
Real-life Nigeria: Livestock or produce auction clip
Show me how livestock or produce auction clip works in real life in Nigeria. Use one concr
Practice set: Three functions of price in a market economy
Set me five practice tasks on three functions of price in a market economy, at the level e
Let me explain: Market and planned systems across four criteria
I am going to explain market and planned systems across four criteria to you, as an SS1 Ec
Spot my mistake: Two merits and two demerits of central planning
Give me a wrong or muddled explanation of two merits and two demerits of central planning
Real-life Nigeria: What price for bread) and answers it first as a central planner and then as a market
Show me how what price for bread) and answers it first as a central planner and then as a
Practice set: Four features of a planned economy
Set me five practice tasks on four features of a planned economy, at the level expected in
Spot my mistake: Complete a four-row comparison table of market and planned systems
Show me a worked example on complete a four-row comparison table of market and planned sys
Quiz: The meaning of demand
Quiz me on the meaning of demand, from the SS1 Economics topic Demand. Ask five short ques
Spot my mistake: A movement along a demand curve and a shift of the whole curve compared
Show me a worked example on A movement along a demand curve and a shift of the whole curve
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
Spot my mistake: The law of demand
Show me a worked example on the law of demand with an error somewhere in it. Do not tell m
Let me explain: The meaning of supply
Let me talk you through the meaning of supply from the Supply topic. When I finish, grade
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
Teach me: An extension of supply and an increase in supply using a labelled diagram, compared
I am an SS1 student studying Supply in Economics. Explain an extension of supply and an in
Let me explain: Examined through diagram construction and 4-mark explanation on Paper 2
I am going to explain examined through diagram construction and 4-mark explanation on Pape
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
Quiz: Surplus and shortage at prices above and below equilibrium and measure each in units
Quiz me on surplus and shortage at prices above and below equilibrium and measure each in