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Economics

AI prompts for senior secondary learners.

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223 prompts matching "Ranking eight Nigerian goods from most to least price elastic"

Project task: Completing a utility schedule for successive bottles of water consumed on a hot afternoon

Set me a small project on completing a utility schedule for successive bottles of water co

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Real-life Nigeria: Pair task identifying the unit at which marginal utility becomes zero

Take pair task identifying the unit at which marginal utility becomes zero out of the text

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Practice set: The law of diminishing marginal utility using an example of your own

Set me five practice tasks on the law of diminishing marginal utility using an example of

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Let me explain: Utility maximisation

Act as my study partner. I will teach you utility maximisation in my own words. Afterwards

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Project task: Allocate a budget of one thousand naira between airtime

Give me a practical task on allocate a budget of one thousand naira between airtime from U

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Practice set: Paper 1 style set of ten multiple-choice items on utility and demand

Set me five practice tasks on paper 1 style set of ten multiple-choice items on utility an

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Spot my mistake: Calculating deficits and surpluses on each component

Write a short SS2 Economics answer about calculating deficits and surpluses on each compon

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Real-life Nigeria: Sorting exercise placing twenty transactions - crude oil export

Take sorting exercise placing twenty transactions - crude oil export out of the textbook.

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Let me explain: The meaning of the exchange rate and distinguish floating, fixed and managed float systems

I am going to explain the meaning of the exchange rate and distinguish floating, fixed and

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Project task: Drawing a demand and supply diagram for the naira

Give me a practical task on drawing a demand and supply diagram for the naira from Foreign

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Let me explain: The meaning and purposes of taxation

Act as my study partner. I will teach you the meaning and purposes of taxation in my own w

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Real-life Nigeria: Calculation of VAT at the current rate on a given shopping list

Take calculation of VAT at the current rate on a given shopping list out of the textbook.

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Practice set: Why indirect taxes are often described as regressive

Set me five practice tasks on why indirect taxes are often described as regressive, at the

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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

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Real-life Nigeria: Graphing task drawing progressive, proportional

Show me how graphing task drawing progressive, proportional works in real life in Nigeria.

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Practice set: Whether a more progressive income tax would reduce inequality in Nigeria

Set me five practice tasks on whether a more progressive income tax would reduce inequalit

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Let me explain: The incidence of a specific tax on a demand and supply diagram by shifting the supply curve

I am going to explain the incidence of a specific tax on a demand and supply diagram by sh

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Project task: Drawing the supply shift caused by a fifty naira specific tax on a crate of soft drinks

Set me a small project on drawing the supply shift caused by a fifty naira specific tax on

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Real-life Nigeria: Same diagram is redrawn with an inelastic demand curve

Take same diagram is redrawn with an inelastic demand curve out of the textbook. Describe

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Practice set: Why the burden of a tax on petrol falls mainly on consumers

Set me five practice tasks on why the burden of a tax on petrol falls mainly on consumers,

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