291 prompts matching "Measuring surplus and shortage in units"
Quiz: Elastic, inelastic and unitary demand
Act as my SS3 Economics tutor and quiz me on elastic, inelastic and unitary demand. Ask fi
Spot my mistake: Consumer surplus and how it is measured on a diagram
Act as my SS3 Economics tutor. Write a short answer on consumer surplus and how it is meas
Teach me: Opportunity cost, and why every choice carries one
You are my personal SS3 Economics tutor. Teach me opportunity cost, and why every choice c
Quiz: Surplus and deficit budgets, and when each is used
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Spot my mistake: Assuming large-scale production is always cheaper for each unit produced
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Let me explain: Wants, needs and the scale of preference
I have just studied wants, needs and the scale of preference in my SS3 Economics class. Le
Spot my mistake: Confusing economics with commerce and with accounting
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Quiz: Labour, and what determines its efficiency
Act as my SS3 Economics tutor and quiz me on labour, and what determines its efficiency. A
Let me explain: Capital, and the difference between fixed and working capital
I have just studied capital, and the difference between fixed and working capital in my SS
Practice set: The reward paid to each factor: rent, wages, interest and profit
Act as my SS3 Economics tutor. Give me five practice questions on the reward paid to each
Teach me: The capitalist economy and its defining features
You are my personal SS3 Economics tutor. Teach me the capitalist economy and its defining
Quiz: The socialist economy and its defining features
Act as my SS3 Economics tutor and quiz me on the socialist economy and its defining featur
Let me explain: The mixed economy, and why most countries actually run one
I have just studied the mixed economy, and why most countries actually run one in my SS3 E
Teach me: Presenting economic data in tables and charts
You are my personal SS3 Economics tutor. Teach me presenting economic data in tables and c
Let me explain: Reading and interpreting graphs of economic relationships
I have just studied reading and interpreting graphs of economic relationships in my SS3 Ec
WAEC prep: Percentages, ratios and index numbers
Act as a WAEC/NECO Economics examiner. I am in SS 3. Set me five exam-style questions on p
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.
Let me explain: A movement along a demand curve against a shift of the whole curve
I have just studied a movement along a demand curve against a shift of the whole curve in
Practice set: Joint, competitive, derived and composite demand
Act as my SS3 Economics tutor. Give me five practice questions on joint, competitive, deri
Practice set: Joint supply and competitive supply
Act as my SS3 Economics tutor. Give me five practice questions on joint supply and competi