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Economics

AI prompts for senior secondary learners.

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294 prompts matching "Assuming a firm should shut down as soon as it begins to make a loss"

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

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Real-life Nigeria: Five PES calculations followed by a short comparison paragraph

Show me how five PES calculations followed by a short comparison paragraph works in real l

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WAEC prep: Drawing two linked diagrams showing a shift in one market

Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on drawin

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Practice set: Four consequences for consumers of a rise in the price of a staple food

Set me five practice tasks on four consequences for consumers of a rise in the price of a

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Spot my mistake: The meaning of consumer surplus and producer surplus

Give me a wrong or muddled explanation of the meaning of consumer surplus and producer sur

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Teach me: Why total surplus is greatest at the market equilibrium

Be my SS1 Economics teacher for this one point: why total surplus is greatest at the marke

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Quiz: Four advantages and four disadvantages of public enterprises in Nigeria

Quiz me on four advantages and four disadvantages of public enterprises in Nigeria, from t

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Teach me: Standard 8-mark discussion material

You are my personal SS1 Economics tutor. Teach me standard 8-mark discussion material, as

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Real-life Nigeria: 2013 unbundling and sale of PHCN into generation and distribution companies

Show me how 2013 unbundling and sale of PHCN into generation and distribution companies wo

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Real-life Nigeria: Table of six Nigerian public enterprises

Take table of six Nigerian public enterprises out of the textbook. Describe a real Nigeria

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Quiz: The meaning of market failure

I am revising Market Failure I for SS1 Economics. Test me on the meaning of market failure

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Real-life Nigeria: Completing a six-row table of cause, Nigerian example and consequence

Show me how completing a six-row table of cause, Nigerian example and consequence works in

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Teach me: Why public goods are not supplied by the market and must be financed by government

Be my SS1 Economics teacher for this one point: why public goods are not supplied by the m

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Quiz: Two government responses to each category

Quiz me on two government responses to each category, from the SS1 Economics topic Merit,

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Real-life Nigeria: Comparison table built in groups covering public

Take comparison table built in groups covering public out of the textbook. Describe a real

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WAEC prep: Four characteristics of a public good

Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on four c

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Practice set: Why a free market under-provides education

Set me five practice tasks on why a free market under-provides education, at the level exp

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Quiz: The main methods of intervention — maximum

I am revising The Mixed Economy for SS1 Economics. Test me on the main methods of interven

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Real-life Nigeria: Drawing a maximum price set below equilibrium showing the resulting shortage

Show me how drawing a maximum price set below equilibrium showing the resulting shortage w

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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

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