274 prompts matching "Assuming a firm should shut down as soon as it begins to make a loss"
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: 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
Project task: Calculating PED for five price and quantity pairs - kerosene
Give me a practical task on calculating PED for five price and quantity pairs - kerosene f
Practice set: Why small firms in Nigeria find it difficult to obtain long-term finance
Set me five practice tasks on why small firms in Nigeria find it difficult to obtain long-
Real-life Nigeria: Building a five-item class basket
Show me how building a five-item class basket works in real life in Nigeria. Use one concr
Practice set: Each pair is assigned a country, forecasts its inflation rate for next year from published data
Give me a practice set on each pair is assigned a country, forecasts its inflation rate fo
Let me explain: The output, income and expenditure methods of measurement
Let me talk you through the output, income and expenditure methods of measurement from the
Spot my mistake: Four limitations of GDP per head as a measure of living standards
Show me a worked example on four limitations of GDP per head as a measure of living standa
Real-life Nigeria: Costing a conditional cash transfer for one million households at a stated monthly rate
Show me how costing a conditional cash transfer for one million households at a stated mon
Quiz: Constructing the meaning of elasticity of demand
Quiz me on constructing the meaning of elasticity of demand, from the SS2 Economics topic
Let me explain: Interpreting PED values as elastic, inelastic or unitary
Act as my study partner. I will teach you interpreting PED values as elastic, inelastic or
Spot my mistake: Calculating cross elasticity and income elasticity for a given set of data
Show me a worked example on calculating cross elasticity and income elasticity for a given
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
Project task: Timed drill on past examination questions on cross elasticity of demand taken from the school
Set me a small project on timed drill on past examination questions on cross elasticity of
Real-life Nigeria: Pair task identifying the unit at which marginal utility becomes zero
Take pair task identifying the unit at which marginal utility becomes zero out of the text
Spot my mistake: How price elasticity of demand and of supply determine the split of the burden between consumer
Give me a wrong or muddled explanation of how price elasticity of demand and of supply det
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: Sorting task classifying twelve items - cash
Show me how sorting task classifying twelve items - cash works in real life in Nigeria. Us
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.
Spot my mistake: Calculating the budget deficit and express it as a percentage of total expenditure
Show me a worked example on calculating the budget deficit and express it as a percentage