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Economics

AI prompts for senior secondary learners.

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182 prompts matching "Why a firm selling a good with inelastic demand raises total revenue when it rai"

Spot my mistake: The four groups of decision makers in an economy — consumers, workers, firms and government —

Give me a wrong or muddled explanation of the four groups of decision makers in an economy

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Quiz: The classification of six local firms by sector of ownership

Quiz me on the classification of six local firms by sector of ownership, from the SS1 Econ

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Real-life Nigeria: Ten firms and organisations in their own town

Take ten firms and organisations in their own town out of the textbook. Describe a real Ni

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Practice set: One-page comparison table of the three ownership forms, with no financing detail at this stage

Give me a practice set on one-page comparison table of the three ownership forms, with no

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Real-life Nigeria: Annotating a blank diagram with the three functions of price

Take annotating a blank diagram with the three functions of price out of the textbook. Des

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Quiz: The meaning of demand

Quiz me on the meaning of demand, from the SS1 Economics topic Demand. Ask five short ques

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Let me explain: Drawing a demand curve to scale from a given demand schedule

Act as my study partner. I will teach you drawing a demand curve to scale from a given dem

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Project task: Demand for sachet water at five prices is tabulated, summed and plotted on one pair of axes

Set me a small project on demand for sachet water at five prices is tabulated, summed and

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Real-life Nigeria: Plotting a demand curve on graph paper

Take plotting a demand curve on graph paper out of the textbook. Describe a real Nigerian

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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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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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Real-life Nigeria: Plotting the Week 8 demand schedule and this week's supply schedule on the same axes

Show me how plotting the Week 8 demand schedule and this week's supply schedule on the sam

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Practice set: Why supply curves normally slope upwards

Set me five practice tasks on why supply curves normally slope upwards, at the level expec

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Let me explain: Joint, competitive, derived and composite demand, compared

Let me talk you through joint, competitive, derived and composite demand, compared from th

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Real-life Nigeria: Ranking eight Nigerian goods from most to least price elastic

Take ranking eight Nigerian goods from most to least price elastic out of the textbook. De

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Let me explain: Drawing supply curves showing elastic, inelastic

Act as my study partner. I will teach you drawing supply curves showing elastic, inelastic

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Quiz: Commonly paired with PED in the part (c) analysis on Paper 2

I am revising Price Elasticity of Supply for SS1 Economics. Test me on commonly paired wit

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Practice set: Comparing the PES of tomatoes within a growing season

Give me a practice set on comparing the PES of tomatoes within a growing season for SS1 Ec

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Project task: With six groups: each produces a wall chart for one case

Give me a practical task on with six groups: each produces a wall chart for one case from

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Let me explain: The causes of a change in price in a market as a shift in demand or a shift in supply

Let me talk you through the causes of a change in price in a market as a shift in demand o

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