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Economics

AI prompts for senior secondary learners.

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279 prompts matching "Consumer surplus and how it is measured on a diagram"

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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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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Spot my mistake: Calculating deficits and surpluses on each component

Write a short SS2 Economics answer about calculating deficits and surpluses on each compon

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Spot my mistake: The process and chain of distribution from producer to final consumer

Write a short SS2 Economics answer about the process and chain of distribution from produc

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Spot my mistake: Four limitations of GDP per head as a measure of living standards

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Practice set: Showing why a consumer stops buying a good once its marginal utility per naira falls below that

Give me a practice set on showing why a consumer stops buying a good once its marginal uti

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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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WAEC prep: The profit-maximising condition and apply it to the cost and revenue table given

Act as my WAEC Economics examiner. I am in SS2. Set me an exam-standard question on the pr

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Practice set: Demand and supply diagram showing the effect of a government fertiliser subsidy on the maize

Give me a practice set on demand and supply diagram showing the effect of a government fer

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Practice set: Drawing and label a diagram showing the effect of a fertiliser subsidy on the maize market

Set me five practice tasks on drawing and label a diagram showing the effect of a fertilis

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Spot my mistake: Banking and non-banking financial institutions

Write a short SS2 Economics answer about banking and non-banking financial institutions th

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Quiz: The meaning of deflation and distinguish it from disinflation

Quiz me on the meaning of deflation and distinguish it from disinflation, from the SS2 Eco

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Let me explain: The law of variable proportions, showing increasing, diminishing and negative returns

Act as my study partner. I will teach you the law of variable proportions, showing increas

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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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Spot my mistake: The poverty trap and its effect on saving and investment in poor households

Give me a wrong or muddled explanation of the poverty trap and its effect on saving and in

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WAEC prep: Whether monopoly is always against the interest of the consumer

Act as my WAEC Economics examiner. I am in SS2. Set me an exam-standard question on whethe

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Spot my mistake: Fiscal, monetary and supply-side policies used to reduce each type of unemployment

Write a short SS2 Economics answer about fiscal, monetary and supply-side policies used to

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Practice set: Each pair is assigned a country, forecasts its inflation rate for next year from published data

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Practice set: Japan's prolonged price falls with Nigeria's persistent inflation

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Real-life Nigeria: Quickfire true or false set on the claim that falling prices always benefit consumers

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