Economics

I have just studied a movement along a demand curve against a shift of the whole curve in

I have just studied the kinked demand curve in oligopoly in my SS3 Economics class. Let me

I have just studied why the production possibility curve is concave to the origin in my SS

I have just studied wants, needs and the scale of preference in my SS3 Economics class. Le

I have just studied a movement along a supply curve against a shift of the curve in my SS3

I have just studied demand-pull inflation set against cost-push inflation in my SS3 Economics class. Let me explain it back to you in my own words, then tell me plainly what I got wrong or left out. Ask me one follow-up question afterwards to test whether I really understood it.

I have just studied the determinants of price elasticity of demand in my SS3 Economics cla

I have just studied internal and external diseconomies of scale in my SS3 Economics class.

I have just studied short-run and long-run average cost curves in my SS3 Economics class.

I have just studied large-scale industry and the conditions it requires in my SS3 Economic

I have just studied total product, average product and marginal product in my SS3 Economic

I have just studied total revenue, average revenue and marginal revenue in my SS3 Economic

I have just studied the terms of trade, and what causes them to move in my SS3 Economics c

I have just studied disequilibrium, and the forces that push a market back to balance in m

I have just studied storage, processing and transport problems in my SS3 Economics class.

I have just studied capital, and the difference between fixed and working capital in my SS

I have just studied the mixed economy, and why most countries actually run one in my SS3 E

I have just studied reading and interpreting graphs of economic relationships in my SS3 Ec

You are my personal SS3 Economics tutor. Teach me the law of demand and why the demand curve slopes downward, using a real Nigerian example so I actually understand it. Break the explanation into clear steps and check I have followed each one before moving on. Finish with one short question for me to try on my own.

I have just studied consumer equilibrium and the equi-marginal principle in my SS3 Economi