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Economics

AI prompts for senior secondary learners.

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294 prompts matching "Assuming a firm should shut down as soon as it begins to make a loss"

Teach me: How the price mechanism answers the what

You are my personal SS1 Economics tutor. Teach me how the price mechanism answers the what

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Quiz: Analyse, using a diagram, how a rise in consumer demand reallocates resources towards a good

I am revising The Market Economic System for SS1 Economics. Test me on analyse, using a di

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Real-life Nigeria: Livestock or produce auction clip

Show me how livestock or produce auction clip works in real life in Nigeria. Use one concr

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Practice set: Three functions of price in a market economy

Set me five practice tasks on three functions of price in a market economy, at the level e

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WAEC prep: Whether a market economic system always allocates resources well

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

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Practice set: Four features of a planned economy

Set me five practice tasks on four features of a planned economy, at the level expected in

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WAEC prep: Two disadvantages of central planning

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

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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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Quiz: Accurately drawn and labelled demand diagrams are required in Paper 2 and read off in Paper 1

I am revising Demand for SS1 Economics. Test me on accurately drawn and labelled demand di

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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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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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WAEC prep: Four factors that shift the supply curve of maize

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

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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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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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Real-life Nigeria: From a supplied schedule, draw the diagram to scale

Take from a supplied schedule, draw the diagram to scale out of the textbook. Describe a r

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WAEC prep: Three causes of excess demand in a market

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

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Quiz: The determinants of supply: costs of production

I am revising Changes in Demand and Supply for SS1 Economics. Test me on the determinants

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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: 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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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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