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Economics

AI prompts for senior secondary learners.

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291 prompts matching "The profit-maximising output where marginal cost equals marginal revenue"

Quiz: How the what, how and for whom decisions are taken in a planned economy

Set me a quick recall test on how the what, how and for whom decisions are taken in a plan

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Real-life Nigeria: What price for bread) and answers it first as a central planner and then as a market

Show me how what price for bread) and answers it first as a central planner and then as a

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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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Teach me: The income and substitution effects that give the demand curve its downward slope

You are my personal SS1 Economics tutor. Teach me the income and substitution effects that

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Let me explain: The meaning of supply

Let me talk you through the meaning of supply from the Supply topic. When I finish, grade

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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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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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Teach me: Drawing demand and supply on one pair of axes to scale and read off the equilibrium

Be my SS1 Economics teacher for this one point: drawing demand and supply on one pair of a

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Let me explain: Disequilibrium and the process by which price returns to equilibrium

Act as my study partner. I will teach you disequilibrium and the process by which price re

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Teach me: The determinants of demand: income, the price of substitutes

You are my personal SS1 Economics tutor. Teach me the determinants of demand: income, the

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Spot my mistake: Drawing diagrams showing the effect on equilibrium price

Write a short SS1 Economics answer about drawing diagrams showing the effect on equilibriu

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Teach me: This is exactly the 6-mark diagram question on Paper 2

I am an SS1 student studying Changes in Demand and Supply in Economics. Explain this is ex

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Quiz: The PED formula

Set me a quick recall test on the PED formula at SS1 level. Five questions, one at a time,

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Spot my mistake: The relationship between PED and total revenue using a worked revenue table

Give me a wrong or muddled explanation of the relationship between PED and total revenue u

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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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Quiz: The calculation appears on Paper 1 and the revenue implication on Paper 2

Quiz me on the calculation appears on Paper 1 and the revenue implication on Paper 2, from

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Teach me: The significance of PES for producers and government when demand changes suddenly

You are my personal SS1 Economics tutor. Teach me the significance of PES for producers an

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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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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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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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