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Economics

AI prompts for senior secondary learners.

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279 prompts matching "Assuming equilibrium price must rise whenever demand and supply both increase"

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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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

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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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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

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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

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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

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Practice set: Calculation of break-even output from given fixed cost, selling price and variable cost per unit

Give me a practice set on calculation of break-even output from given fixed cost, selling

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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

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Spot my mistake: Calculating a concentration ratio and assess the effects of monopoly on price

Write a short SS2 Economics answer about calculating a concentration ratio and assess the

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Practice set: Demand and supply diagram showing the effect of a government fertiliser subsidy on the maize

Give me a practice set on demand and supply diagram showing the effect of a government fer

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Real-life Nigeria: Calculation of the yield on a ninety-one day treasury bill from given issue price and face value

Take calculation of the yield on a ninety-one day treasury bill from given issue price and

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Project task: Applying MV = PT to given values to show the effect of a twenty per cent rise in the money

Give me a practical task on applying MV = PT to given values to show the effect of a twent

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Spot my mistake: Calculating the percentage change in a price index over two years to one decimal place

Show me a worked example on calculating the percentage change in a price index over two ye

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Practice set: Japan's prolonged price falls with Nigeria's persistent inflation

Give me a practice set on japan's prolonged price falls with Nigeria's persistent inflatio

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Real-life Nigeria: Quickfire true or false set on the claim that falling prices always benefit consumers

Show me how quickfire true or false set on the claim that falling prices always benefit co

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Quiz: National income accounting and define GDP, GNI and net national income

I am revising National Income Accounting for SS2 Economics. Test me on national income acc

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Teach me: The uses and limitations of national income data

I am an SS2 student studying National Income Accounting in Economics. Explain the uses and

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Spot my mistake: The effect of a tariff on price, domestic output

Write a short SS2 Economics answer about the effect of a tariff on price, domestic output

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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

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Real-life Nigeria: Cross-elasticity exercise using rice and garri, then petrol and cars

Show me how cross-elasticity exercise using rice and garri, then petrol and cars works in

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