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Economics

AI prompts for senior secondary learners.

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279 prompts matching "Assuming a monopolist can fix price and quantity independently of each other"

Project task: Calculating PED for five price and quantity pairs - kerosene

Give me a practical task on calculating PED for five price and quantity pairs - kerosene f

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Practice set: Calculation of break-even output from given fixed cost, selling price and variable cost per unit

Give me a practice set on calculation of break-even output from given fixed cost, selling

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Practice set: Why a firm selling a good with inelastic demand raises total revenue when it raises price

Set me five practice tasks on why a firm selling a good with inelastic demand raises total

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Spot my mistake: How price elasticity of demand and of supply determine the split of the burden between consumer

Give me a wrong or muddled explanation of how price elasticity of demand and of supply det

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Practice set: Calculating the price level from the values of M, V and T provided

Set me five practice tasks on calculating the price level from the values of M, V and T pr

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Quiz: Calculating a simple weighted price index and the rate of inflation between two years

Set me a quick recall test on calculating a simple weighted price index and the rate of in

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Spot my mistake: The consequences of inflation for savers, borrowers, workers on fixed incomes and exporters

Give me a wrong or muddled explanation of the consequences of inflation for savers, borrow

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Spot my mistake: Calculating consumer equilibrium across two goods from a marginal utility and price table

Show me a worked example on calculating consumer equilibrium across two goods from a margi

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Let me explain: The meaning of the exchange rate and distinguish floating, fixed and managed float systems

I am going to explain the meaning of the exchange rate and distinguish floating, fixed and

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Quiz: The effects of depreciation on export prices, import prices, inflation and the current account

Quiz me on the effects of depreciation on export prices, import prices, inflation and the

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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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Teach me: The canons of a good tax system and apply them to named Nigerian taxes

You are my personal SS2 Economics tutor. Teach me the canons of a good tax system and appl

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Teach me: Calculating total tax revenue and each party's share of the burden from given price

Be my SS2 Economics teacher for this one point: calculating total tax revenue and each par

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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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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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Quiz: Imperfect competition and discuss the types: monopoly, monopolistic competition and oligopoly

I am revising Market Structures for SS2 Economics. Test me on imperfect competition and di

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Let me explain: Barriers to entry and the difference between a price taker and a price maker

Let me talk you through barriers to entry and the difference between a price taker and a p

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Spot my mistake: Calculating a concentration ratio and assess the effects of monopoly on price

Write a short SS2 Economics answer about calculating a concentration ratio and assess the

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Real-life Nigeria: Calculation of the yield on a ninety-one day treasury bill from given issue price and face value

Take calculation of the yield on a ninety-one day treasury bill from given issue price and

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