300 prompts matching "The relationship between price changes and total revenue"
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
Let me explain: The causes of a change in price in a market as a shift in demand or a shift in supply
Let me talk you through the causes of a change in price in a market as a shift in demand o
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,
Teach me: The determinants of demand: income, the price of substitutes
You are my personal SS1 Economics tutor. Teach me the determinants of demand: income, the
Quiz: The calculation appears on Paper 1 and the revenue implication on Paper 2
Quiz me on the calculation appears on Paper 1 and the revenue implication on Paper 2, from
Teach me: The significance of PES for producers and government when demand changes suddenly
You are my personal SS1 Economics tutor. Teach me the significance of PES for producers an
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
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
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 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
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
WAEC prep: The difference between a shift in demand and a movement along the demand curve
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on the di
Teach me: Tracing the effects of a price change through related markets
I am an SS1 student studying The Price Mechanism at Work in Economics. Explain tracing the
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
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
Project task: Who gains and who loses when a market price rises, and whether the two effects cancel out
Give me a practical task on who gains and who loses when a market price rises, and whether
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
Spot my mistake: Drawing a maximum price diagram to scale and measure the resulting shortage in units
Show me a worked example on drawing a maximum price diagram to scale and measure the resul