279 prompts matching "Two merits and two demerits of central planning"
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,
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
Let me explain: Fixed, variable, total and average cost, compared
Let me talk you through fixed, variable, total and average cost, compared from the Theory
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
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
Quiz: The transactions, precautionary and speculative motives for holding money
Set me a quick recall test on the transactions, precautionary and speculative motives for
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
Spot my mistake: Two motives for holding money rather than an interest-bearing asset
Show me a worked example on two motives for holding money rather than an interest-bearing
Spot my mistake: The problems of business financing in Nigeria
Show me a worked example on the problems of business financing in Nigeria with an error so
Teach me: The meaning of a perfectly competitive market
You are my personal SS2 Economics tutor. Teach me the meaning of a perfectly competitive m
Let me explain: Barriers to entry and the difference between a price taker and a price maker
Let me talk you through barriers to entry and the difference between a price taker and a p
Real-life Nigeria: Calculation of a four-firm concentration ratio from given market share data for the
Show me how calculation of a four-firm concentration ratio from given market share data fo
WAEC prep: Whether monopoly is always against the interest of the consumer
Act as my WAEC Economics examiner. I am in SS2. Set me an exam-standard question on whethe
Spot my mistake: The importance of the national budget as an instrument of fiscal policy for growth
Give me a wrong or muddled explanation of the importance of the national budget as an inst
Project task: Reading a two-page extract from the current Federal Government budget
Set me a small project on reading a two-page extract from the current Federal Government b
Real-life Nigeria: Calculation of the deficit as a percentage of total expenditure
Take calculation of the deficit as a percentage of total expenditure out of the textbook.
Practice set: Three types of budget
Set me five practice tasks on three types of budget, at the level expected in SS2 The Nati