300 prompts matching "Cross-elasticity exercise using rice and garri, then petrol and cars"
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
Spot my mistake: Explain, using elasticity, why the same shift raises price more in one market than in another
Show me a worked example on explain, using elasticity, why the same shift raises price mor
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
Spot my mistake: The relationship between PED and total revenue using a worked revenue table
Give me a wrong or muddled explanation of the relationship between PED and total revenue u
WAEC prep: Calculating the mean, median and mode of ten price observations
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on calcul
Practice set: Identifying the aims of buyer, seller and auctioneer and how the price settles
Give me a practice set on identifying the aims of buyer, seller and auctioneer and how the
Project task: Tracing on a flow diagram how a rise in the price of ginger in Kaduna moves land out of maize
Set me a small project on tracing on a flow diagram how a rise in the price of ginger in K
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
Project task: Demand for sachet water at five prices is tabulated, summed and plotted on one pair of axes
Set me a small project on demand for sachet water at five prices is tabulated, summed and
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
Practice set: Listing five events that would raise the supply of rice in Nigeria and five that would cut it
Give me a practice set on listing five events that would raise the supply of rice in Niger
Let me explain: Disequilibrium and the process by which price returns to equilibrium
Act as my study partner. I will teach you disequilibrium and the process by which price re
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
Spot my mistake: The consequences of a price change for consumers, producers and workers in that market
Write a short SS1 Economics answer about the consequences of a price change for consumers,
Project task: Map the knock-on effects of a diesel price rise on the bakery, cold-store and haulage markets
Set me a small project on map the knock-on effects of a diesel price rise on the bakery, c
Practice set: From a supplied scale diagram, calculate consumer surplus before and after a N20 price rise
Give me a practice set on from a supplied scale diagram, calculate consumer surplus before
Project task: Annotating the two pyramids with three implications each for schools, housing and pensions
Set me a small project on annotating the two pyramids with three implications each for sch
Project task: Computes the mean, median and mode of the monthly price of one staple food
Give me a practical task on computes the mean, median and mode of the monthly price of one
Quiz: Analyse, using a diagram, how a rise in consumer demand reallocates resources towards a good
I am revising The Market Economic System for SS1 Economics. Test me on analyse, using a di
Spot my mistake: The meaning of equilibrium price and equilibrium quantity and locate both on a drawn diagram
Give me a wrong or muddled explanation of the meaning of equilibrium price and equilibrium