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Senior Secondary

Economics

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286 prompts matching "Two external costs and two external benefits of road building in Nigeria"

Quiz: Average cost and marginal cost, and how the two relate

Act as my SS3 Economics tutor and quiz me on average cost and marginal cost, and how the t

Let me explain: Internal and external diseconomies of scale

I have just studied internal and external diseconomies of scale in my SS3 Economics class.

Let me explain: The issue of currency and the management of external reserves

I have just studied the issue of currency and the management of external reserves in my SS

Teach me: Duopoly and the interdependence of two sellers

You are my personal SS3 Economics tutor. Teach me duopoly and the interdependence of two s

WAEC prep: The profit-maximising output where marginal cost equals marginal revenue

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

Quiz: External economies of scale

Act as my SS3 Economics tutor and quiz me on external economies of scale. Ask five questio

Spot my mistake: Confusing economies of scale with an ordinary fall in variable cost

Act as my SS3 Economics tutor. Write a short answer on confusing economies of scale with a

Spot my mistake: Treating a rise in the cost of production as a movement along the supply curve

Act as my SS3 Economics tutor. Write a short answer on treating a rise in the cost of prod

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

Teach me: Land as a factor of production and what makes it peculiar

You are my personal SS3 Economics tutor. Teach me land as a factor of production and what

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

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

Practice set: Measures of dispersion: range, variance and standard deviation

Act as my SS3 Economics tutor. Give me five practice questions on measures of dispersion:

Teach me: The law of demand and why the demand curve slopes downward

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You are my personal SS3 Economics tutor. Teach me the law of demand and why the demand curve slopes downward, using a real Nigerian example so I actually understand it. Break the explanation into clear steps and check I have followed each one before moving on. Finish with one short question for me to try on my own.

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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

Teach me: The law of supply and why the supply curve slopes upward

You are my personal SS3 Economics tutor. Teach me the law of supply and why the supply cur

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

Teach me: The meaning of production and the four types it takes

You are my personal SS3 Economics tutor. Teach me the meaning of production and the four t

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