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Economics

AI prompts for senior secondary learners.

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299 prompts matching "Excess demand and excess supply, and how a market clears them"

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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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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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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Practice set: Derive a market demand schedule from three individual schedules and plot it

Set me five practice tasks on derive a market demand schedule from three individual schedu

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Project task: Supply schedules of three Aba shoemakers into a market supply schedule and plots both curves

Give me a practical task on supply schedules of three Aba shoemakers into a market supply

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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: Drawing a demand and supply diagram to scale

Show me a worked example on drawing a demand and supply diagram to scale with an error som

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Practice set: How the demand for one named commodity

Give me a practice set on how the demand for one named commodity for SS1 Economics. Start

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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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Spot my mistake: Drawing three demand curves showing elastic, inelastic and perfectly inelastic demand

Show me a worked example on drawing three demand curves showing elastic, inelastic and per

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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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Let me explain: Drawing supply curves showing elastic, inelastic

Act as my study partner. I will teach you drawing supply curves showing elastic, inelastic

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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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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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Project task: On the claim that a market stall and a limited company face exactly the same economic problem

Give me a practical task on on the claim that a market stall and a limited company face ex

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Spot my mistake: Explain, with one Nigerian example each, two advantages and two disadvantages of a market system

Show me a worked example on explain, with one Nigerian example each, two advantages and tw

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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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Spot my mistake: Complete a four-row comparison table of market and planned systems

Show me a worked example on complete a four-row comparison table of market and planned sys

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Let me explain: Drawing a demand curve to scale from a given demand schedule

Act as my study partner. I will teach you drawing a demand curve to scale from a given dem

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Spot my mistake: A movement along a demand curve and a shift of the whole curve compared

Show me a worked example on A movement along a demand curve and a shift of the whole curve

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