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Economics

AI prompts for senior secondary learners.

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240 prompts matching "What happens to consumer surplus when supply increases"

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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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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Project task: Completing a total, average and marginal product table for one hectare of cassava

Give me a practical task on completing a total, average and marginal product table for one

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Let me explain: Fixed, variable, total and average cost, compared

Let me talk you through fixed, variable, total and average cost, compared from the Theory

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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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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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Project task: Classifying eight Nigerian markets - tomato sellers at Mile 12

Give me a practical task on classifying eight Nigerian markets - tomato sellers at Mile 12

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Real-life Nigeria: Calculation of the deficit as a percentage of total expenditure

Take calculation of the deficit as a percentage of total expenditure out of the textbook.

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Spot my mistake: The meaning of the industrial concepts plant, factory, firm, industry and industrial estate

Give me a wrong or muddled explanation of the meaning of the industrial concepts plant, fa

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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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Spot my mistake: Whether raising the national minimum wage is the best way to reduce poverty in Nigeria

Show me a worked example on whether raising the national minimum wage is the best way to r

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Project task: Total output under each regime

Set me a small project on total output under each regime, the kind I could finish in a wee

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Practice set: Calculating the percentage of total export earnings coming from crude oil

Set me five practice tasks on calculating the percentage of total export earnings coming f

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Let me explain: The factors that determine a union's bargaining strength

I am going to explain the factors that determine a union's bargaining strength to you, as

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Real-life Nigeria: Matching four Nigerian unions to their membership

Show me how matching four Nigerian unions to their membership works in real life in Nigeri

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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

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Real-life Nigeria: Derivation exercise converting a marginal utility schedule into willingness to pay at three

Show me how derivation exercise converting a marginal utility schedule into willingness to

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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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Practice set: Whether a current account deficit is always harmful to an economy

Set me five practice tasks on whether a current account deficit is always harmful to an ec

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