300 prompts matching "Two ways in which poor transport infrastructure raises the retail price of goods"
Teach me: The determinants of PED, including availability of substitutes
Be my SS1 Economics teacher for this one point: the determinants of PED, including availab
Real-life Nigeria: Ranking eight Nigerian goods from most to least price elastic
Take ranking eight Nigerian goods from most to least price elastic out of the textbook. De
Practice set: Calculating PED in five cases and classify each answer
Set me five practice tasks on calculating PED in five cases and classify each answer, at t
Spot my mistake: Drawing three demand curves showing elastic, inelastic and perfectly inelastic demand
Show me a worked example on drawing three demand curves showing elastic, inelastic and per
Spot my mistake: The determinants of PES, including time period, stocks, spare capacity and factor mobility
Show me a worked example on the determinants of PES, including time period, stocks, spare
Quiz: Commonly paired with PED in the part (c) analysis on Paper 2
I am revising Price Elasticity of Supply for SS1 Economics. Test me on commonly paired wit
Practice set: Drawing and label four supply curves of differing elasticity
Set me five practice tasks on drawing and label four supply curves of differing elasticity
Let me explain: The causes of a change in price in a market as a shift in demand or a shift in supply
Let me talk you through the causes of a change in price in a market as a shift in demand o
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
Let me explain: Examined as an extended chain of reasoning on Paper 2
I am going to explain examined as an extended chain of reasoning on Paper 2 to you, as an
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
WAEC prep: What happens to consumer surplus when supply increases
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on what h
Spot my mistake: One Nigerian privatisation against the objectives originally stated for it
Show me a worked example on one Nigerian privatisation against the objectives originally s
Real-life Nigeria: 2013 unbundling and sale of PHCN into generation and distribution companies
Show me how 2013 unbundling and sale of PHCN into generation and distribution companies wo
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
Practice set: Four reasons for public ownership of an industry
Set me five practice tasks on four reasons for public ownership of an industry, at the lev
WAEC prep: Whether Nigeria's refineries should be privatised
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on whethe
Quiz: The meaning of market failure
I am revising Market Failure I for SS1 Economics. Test me on the meaning of market failure