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Economics

AI prompts for senior secondary learners.

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214 prompts matching "Confusing accounting profit with economic profit"

Real-life Nigeria: Calculation drill converting the price of a two thousand dollar imported generator into naira

Show me how calculation drill converting the price of a two thousand dollar imported gener

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Spot my mistake: Drawing and label a diagram showing a depreciation of the naira against the dollar

Show me a worked example on drawing and label a diagram showing a depreciation of the nair

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Real-life Nigeria: Calculation of VAT at the current rate on a given shopping list

Take calculation of VAT at the current rate on a given shopping list out of the textbook.

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Spot my mistake: Four canons of a good tax system

Show me a worked example on four canons of a good tax system with an error somewhere in it

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Let me explain: Calculating average and marginal rates of tax from a Nigerian personal income tax band table

Let me talk you through calculating average and marginal rates of tax from a Nigerian pers

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Spot my mistake: Plotting the three systems on axes of average tax rate against income and label each curve

Write a short SS2 Economics answer about plotting the three systems on axes of average tax

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Teach me: Each system against the criteria of equity, incentive to work and administrative cost

I am an SS2 student studying Systems of Taxation in Economics. Explain each system against

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Real-life Nigeria: Graphing task drawing progressive, proportional

Show me how graphing task drawing progressive, proportional works in real life in Nigeria.

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Spot my mistake: Calculating the average rate of tax for three incomes using the bands given

Show me a worked example on calculating the average rate of tax for three incomes using th

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Let me explain: The incidence of a specific tax on a demand and supply diagram by shifting the supply curve

I am going to explain the incidence of a specific tax on a demand and supply diagram by sh

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Spot my mistake: Drawing and label a diagram showing the incidence of a specific tax when demand is inelastic

Show me a worked example on drawing and label a diagram showing the incidence of a specifi

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Quiz: The concept of total, average and marginal product

Quiz me on the concept of total, average and marginal product, from the SS2 Economics topi

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Spot my mistake: The short run and the long run in terms of fixed and variable factors, compared

Show me a worked example on the short run and the long run in terms of fixed and variable

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Real-life Nigeria: Demonstrating diminishing returns

Show me how demonstrating diminishing returns works in real life in Nigeria. Use one concr

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Spot my mistake: Complete the average and marginal product columns for six units of labour

Show me a worked example on complete the average and marginal product columns for six unit

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Let me explain: Fixed, variable, total and average cost, compared

Let me talk you through fixed, variable, total and average cost, compared from the Theory

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Spot my mistake: The relationship between price changes and total revenue

Write a short SS2 Economics answer about the relationship between price changes and total

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Real-life Nigeria: Plotting total revenue against output for a firm facing a downward-sloping demand curve

Take plotting total revenue against output for a firm facing a downward-sloping demand cur

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Spot my mistake: Calculating total, average and marginal revenue for five levels of output

Show me a worked example on calculating total, average and marginal revenue for five level

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Teach me: The meaning of money, state its functions

I am an SS2 student studying Demand for and Supply of Money in Economics. Explain the mean

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