236 prompts matching "Confusing accounting profit with economic profit"
Teach me: The meaning of economics
You are my personal SS1 Economics tutor. Teach me the meaning of economics, as it is taugh
Quiz: Free goods, economic goods and public goods
I am revising Nature of the Economic Problem for SS1 Economics. Test me on free goods, eco
Practice set: Their own definition of economics on the board, then refine it against the scarcity definition
Give me a practice set on their own definition of economics on the board, then refine it a
WAEC prep: Four differences between a free good and an economic good
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on four d
Teach me: How a shift of the PPC represents economic growth or a loss of productive capacity
Be my SS1 Economics teacher for this one point: how a shift of the PPC represents economic
Quiz: Calculating the mean, median and mode of a set of economic data
I am revising Basic Tools of Economic Analysis for SS1 Economics. Test me on calculating t
Practice set: One-page comparison table of the three ownership forms, with no financing detail at this stage
Give me a practice set on one-page comparison table of the three ownership forms, with no
Project task: On the claim that a market stall and a limited company face exactly the same economic problem
Give me a practical task on the claim that a market stall and a limited company face exact
Spot my mistake: The main features of a market economic system
Show me a worked example on the main features of a market economic system with an error so
Real-life Nigeria: Annotating a blank diagram with the three functions of price
Take annotating a blank diagram with the three functions of price out of the textbook. Des
WAEC prep: Whether a market economic system always allocates resources well
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on whethe
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: Comparing the PES of tomatoes within a growing season
Give me a practice set on comparing the PES of tomatoes within a growing season for SS1 Ec
Project task: With six groups: each produces a wall chart for one case
Give me a practical task on with six groups: each produces a wall chart for one case from
Real-life Nigeria: Two diagrams, the primary market and one related market, with a short written commentary
Take two diagrams, the primary market and one related market, with a short written comment
Teach me: One proposed Nigerian project by comparing its social costs with its social benefits
I am an SS1 student studying Private and Social Costs and Benefits in Economics. Explain o
Spot my mistake: The mixed economic system and the balance struck between the private and public sectors
Show me a worked example on the mixed economic system and the balance struck between the p
Project task: Line graph of Nigeria's birth and death rates over three decades with a two-sentence commentary
Give me a practical task on line graph of Nigeria's birth and death rates over three decad
Quiz: The economic benefits of urban concentration
I am revising Urbanisation in Nigeria for SS1 Economics. Test me on the economic benefits
Spot my mistake: Suited to a Paper 2 data-response with a table or map stem
Write a short SS1 Economics answer about suited to a Paper 2 data-response with a table or