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Economics

AI prompts for senior secondary learners.

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300 prompts matching "Income elasticity and cross elasticity of demand"

Practice set: How the demand for one named commodity

Give me a practice set on how the demand for one named commodity for SS1 Economics. Start

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Practice set: Derive a market demand schedule from three individual schedules and plot it

Set me five practice tasks on derive a market demand schedule from three individual schedu

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Teach me: An extension of supply and an increase in supply using a labelled diagram, compared

I am an SS1 student studying Supply in Economics. Explain an extension of supply and an in

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Quiz: Why the supply curve slopes upwards in terms of profitability and rising costs

Set me a quick recall test on why the supply curve slopes upwards in terms of profitabilit

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Project task: Supply schedules of three Aba shoemakers into a market supply schedule and plots both curves

Give me a practical task on supply schedules of three Aba shoemakers into a market supply

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Practice set: Listing five events that would raise the supply of rice in Nigeria and five that would cut it

Give me a practice set on listing five events that would raise the supply of rice in Niger

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Spot my mistake: The meaning of equilibrium price and equilibrium quantity and locate both on a drawn diagram

Give me a wrong or muddled explanation of the meaning of equilibrium price and equilibrium

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Spot my mistake: Drawing a demand and supply diagram to scale

Show me a worked example on drawing a demand and supply diagram to scale with an error som

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WAEC prep: The difference between a shift in demand and a movement along the demand curve

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

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Spot my mistake: Drawing three demand curves showing elastic, inelastic and perfectly inelastic demand

Show me a worked example on drawing three demand curves showing elastic, inelastic and per

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Spot my mistake: The determinants of PES, including time period, stocks, spare capacity and factor mobility

Show me a worked example on the determinants of PES, including time period, stocks, spare

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Spot my mistake: The consequences of a price change for consumers, producers and workers in that market

Write a short SS1 Economics answer about the consequences of a price change for consumers,

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Project task: Map the knock-on effects of a diesel price rise on the bakery, cold-store and haulage markets

Set me a small project on map the knock-on effects of a diesel price rise on the bakery, c

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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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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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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: 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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Spot my mistake: Positive and negative externalities of production and of consumption

Write a short SS1 Economics answer about positive and negative externalities of production

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Practice set: Two external costs and two external benefits of road building in Nigeria

Set me five practice tasks on two external costs and two external benefits of road buildin

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Let me explain: The meaning of merit goods, demerit goods and public goods

I am going to explain the meaning of merit goods, demerit goods and public goods to you, a

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