275 prompts matching "Who gains and who loses when a market price rises, and whether the two effects c"
Practice set: Why a firm selling a good with inelastic demand raises total revenue when it raises price
Set me five practice tasks on why a firm selling a good with inelastic demand raises total
Let me explain: Barriers to entry and the difference between a price taker and a price maker
Let me talk you through barriers to entry and the difference between a price taker and a p
Project task: Calculating PED for five price and quantity pairs - kerosene
Give me a practical task on calculating PED for five price and quantity pairs - kerosene f
Spot my mistake: How price elasticity of demand and of supply determine the split of the burden between consumer
Give me a wrong or muddled explanation of how price elasticity of demand and of supply det
Quiz: Calculating a simple weighted price index and the rate of inflation between two years
Set me a quick recall test on calculating a simple weighted price index and the rate of in
Spot my mistake: Calculating consumer equilibrium across two goods from a marginal utility and price table
Show me a worked example on calculating consumer equilibrium across two goods from a margi
Spot my mistake: Drawing and label a diagram showing a depreciation of the naira against the dollar
Show me a worked example on drawing and label a diagram showing a depreciation of the nair
Quiz: Current agricultural policy and the marketing of agricultural commodities
I am revising Agriculture II for SS2 Economics. Test me on current agricultural policy and
Quiz: The meaning of the capital market and classify its instruments
Set me a quick recall test on the meaning of the capital market and classify its instrumen
Teach me: The arguments for and against protection, including the infant industry and dumping arguments
I am an SS2 student studying Globalisation and Trade Protection II in Economics. Explain t
Practice set: Aggregating three individual demand schedules into one market demand curve
Give me a practice set on aggregating three individual demand schedules into one market de
Quiz: The effects of depreciation on export prices, import prices, inflation and the current account
Quiz me on the effects of depreciation on export prices, import prices, inflation and the
Real-life Nigeria: Calculation drill converting the price of a two thousand dollar imported generator into naira
Show me how calculation drill converting the price of a two thousand dollar imported gener
Practice set: Recording the official CBN rate and a parallel market rate daily for one week
Give me a practice set on recording the official CBN rate and a parallel market rate daily
Spot my mistake: Plotting the three systems on axes of average tax rate against income and label each curve
Write a short SS2 Economics answer about plotting the three systems on axes of average tax
Teach me: Each system against the criteria of equity, incentive to work and administrative cost
I am an SS2 student studying Systems of Taxation in Economics. Explain each system against
Teach me: Calculating total tax revenue and each party's share of the burden from given price
Be my SS2 Economics teacher for this one point: calculating total tax revenue and each par
Spot my mistake: Drawing and label a diagram showing the incidence of a specific tax when demand is inelastic
Show me a worked example on drawing and label a diagram showing the incidence of a specifi
Spot my mistake: The relationship between price changes and total revenue
Write a short SS2 Economics answer about the relationship between price changes and total
Real-life Nigeria: Plotting total revenue against output for a firm facing a downward-sloping demand curve
Take plotting total revenue against output for a firm facing a downward-sloping demand cur