300 prompts matching "Whether monopoly is always against the interest of the consumer"
Let me explain: Whether government intervention always improves the allocation of resources
Let me talk you through whether government intervention always improves the allocation of
Let me explain: Two advantages and two disadvantages of leaving allocation to the market
Let me talk you through two advantages and two disadvantages of leaving allocation to the
WAEC prep: Whether a market economic system always allocates resources well
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on whethe
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
WAEC prep: Whether government intervention in the Nigerian fuel market improved the allocation of resources
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on whethe
Project task: Listing four effects on producers and workers of a fall in the oil price from 90 to 60 dollars
Give me a practical task on listing four effects on producers and workers of a fall in the
Practice set: Their own definition of economics on the board, then refine it against the scarcity definition
Give me a practice set on their own definition of economics on the board, then refine it a
Spot my mistake: Why scarcity forces choice (4 marks), marked against the 0455 mark scheme wording
Show me a worked example on why scarcity forces choice (4 marks), marked against the 0455
Spot my mistake: The four factors of production
Write a short SS1 Economics answer about the four factors of production that contains thre
Spot my mistake: The classification of twelve items by factor; ten correct is the pass standard
Show me a worked example on the classification of twelve items by factor; ten correct is t
Spot my mistake: The four groups of decision makers in an economy — consumers, workers, firms and government —
Give me a wrong or muddled explanation of the four groups of decision makers in an economy
Practice set: One-page comparison table of the three ownership forms, with no financing detail at this stage
Give me a practice set on one-page comparison table of the three ownership forms, with no
Spot my mistake: The main features of a market economic system
Show me a worked example on the main features of a market economic system with an error so
Spot my mistake: Usually the 6- and 8-mark parts of Paper 2 Section B
Write a short SS1 Economics answer about usually the 6- and 8-mark parts of Paper 2 Sectio
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
Spot my mistake: A movement along a demand curve and a shift of the whole curve compared
Show me a worked example on A movement along a demand curve and a shift of the whole curve
Spot my mistake: The law of demand
Show me a worked example on the law of demand with an error somewhere in it. Do not tell m
Quiz: Why the supply curve slopes upwards in terms of profitability and rising costs
Set me a quick recall test on why the supply curve slopes upwards in terms of profitabilit
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
Spot my mistake: Four determinants of the demand for cement in Nigeria
Show me a worked example on four determinants of the demand for cement in Nigeria with an