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Economics

AI prompts for senior secondary learners.

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300 prompts matching "Quiz: Price discrimination under monopoly and when it is possible"

Let me explain: Interpreting PED values as elastic, inelastic, unitary, perfectly elastic or perfectly inelastic

I am going to explain interpreting PED values as elastic, inelastic, unitary, perfectly el

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Teach me: The determinants of PED, including availability of substitutes

Be my SS1 Economics teacher for this one point: the determinants of PED, including availab

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Practice set: Calculating PED for a N50 rise in the price of a data bundle

Give me a practice set on calculating PED for a N50 rise in the price of a data bundle for

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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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Practice set: Calculating PED in five cases and classify each answer

Set me five practice tasks on calculating PED in five cases and classify each answer, at t

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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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Teach me: Tracing the effects of a price change through related markets

I am an SS1 student studying The Price Mechanism at Work in Economics. Explain tracing the

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Practice set: Five-link chain running from flooding in Kebbi to the price of imported rice in Lagos

Give me a practice set on five-link chain running from flooding in Kebbi to the price of i

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Practice set: Four consequences for consumers of a rise in the price of a staple food

Set me five practice tasks on four consequences for consumers of a rise in the price of a

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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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WAEC prep: What happens to consumer surplus when supply increases

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

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Spot my mistake: One Nigerian privatisation against the objectives originally stated for it

Show me a worked example on one Nigerian privatisation against the objectives originally s

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Spot my mistake: Six Nigerian public enterprises and the service each provides

Show me a worked example on six Nigerian public enterprises and the service each provides

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Quiz: The meaning of market failure

I am revising Market Failure I for SS1 Economics. Test me on the meaning of market failure

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Spot my mistake: Five correct is the pass standard

Show me a worked example on five correct is the pass standard with an error somewhere in i

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Let me explain: Private cost, external cost and social cost

Let me talk you through private cost, external cost and social cost from the Private and S

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Teach me: One proposed Nigerian project by comparing its social costs with its social benefits

I am an SS1 student studying Private and Social Costs and Benefits in Economics. Explain o

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Quiz: Two government responses to each category

Quiz me on two government responses to each category, from the SS1 Economics topic Merit,

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Practice set: Why a free market under-provides education

Set me five practice tasks on why a free market under-provides education, at the level exp

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Spot my mistake: The mixed economic system and the balance struck between the private and public sectors

Show me a worked example on the mixed economic system and the balance struck between the p

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