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Economics

AI prompts for senior secondary learners.

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275 prompts matching "How equilibrium price is fixed by demand and supply together"

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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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: 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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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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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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Real-life Nigeria: Same diagram is redrawn with an inelastic demand curve

Take same diagram is redrawn with an inelastic demand curve out of the textbook. Describe

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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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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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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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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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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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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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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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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: 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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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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Real-life Nigeria: Cross-elasticity exercise using rice and garri, then petrol and cars

Show me how cross-elasticity exercise using rice and garri, then petrol and cars works in

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Project task: Shifting aggregate demand right and short-run aggregate supply left on the board to separate

Set me a small project on shifting aggregate demand right and short-run aggregate supply l

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