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Senior Secondary

Economics

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291 prompts matching "Drawing a maximum price set below equilibrium showing the resulting shortage"

Spot my mistake: Setting a maximum price above the equilibrium price and expecting it to bite

Act as my SS3 Economics tutor. Write a short answer on setting a maximum price above the e

WAEC prep: The effect of a subsidy on equilibrium price and quantity

Act as a WAEC/NECO Economics examiner. I am in SS 3. Set me five exam-style questions on t

Teach me: How equilibrium price is fixed by demand and supply together

You are my personal SS3 Economics tutor. Teach me how equilibrium price is fixed by demand

Quiz: The effect of a shift in demand on equilibrium price and quantity

Act as my SS3 Economics tutor and quiz me on the effect of a shift in demand on equilibriu

Let me explain: The effect of a shift in supply on equilibrium price and quantity

I have just studied the effect of a shift in supply on equilibrium price and quantity in m

Practice set: The price mechanism and its role in allocating scarce resources

Act as my SS3 Economics tutor. Give me five practice questions on the price mechanism and

Practice set: The effect of an indirect tax on equilibrium

Act as my SS3 Economics tutor. Give me five practice questions on the effect of an indirec

Teach me: Maximum price legislation and why governments impose it

You are my personal SS3 Economics tutor. Teach me maximum price legislation and why govern

WAEC prep: The effects of privatisation on employment and on prices

Act as a WAEC/NECO Economics examiner. I am in SS 3. Set me five exam-style questions on t

WAEC prep: Comparing the four market structures on price, output and entry

Act as a WAEC/NECO Economics examiner. I am in SS 3. Set me five exam-style questions on c

Spot my mistake: Assuming equilibrium price must rise whenever demand and supply both increase

Act as my SS3 Economics tutor. Write a short answer on assuming equilibrium price must ris

Quiz: The determinants of demand other than price

Act as my SS3 Economics tutor and quiz me on the determinants of demand other than price.

Quiz: The determinants of supply other than price

Act as my SS3 Economics tutor and quiz me on the determinants of supply other than price.

Let me explain: Consumer equilibrium and the equi-marginal principle

I have just studied consumer equilibrium and the equi-marginal principle in my SS3 Economi

Practice set: Price and output determination under perfect competition and under monopoly

Act as my SS3 Economics tutor. Give me five practice questions on price and output determi

WAEC prep: The balance of trade set against the balance of payments

Act as a WAEC/NECO Economics examiner. I am in SS 3. Set me five exam-style questions on t

Let me explain: The role the price mechanism plays in each system

I have just studied the role the price mechanism plays in each system in my SS3 Economics

Let me explain: The determinants of price elasticity of demand

I have just studied the determinants of price elasticity of demand in my SS3 Economics cla

Let me explain: Disequilibrium, and the forces that push a market back to balance

I have just studied disequilibrium, and the forces that push a market back to balance in m

Quiz: The consequences of a price ceiling, including black markets

Act as my SS3 Economics tutor and quiz me on the consequences of a price ceiling, includin

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