Economics
AI prompts for senior secondary learners.
📅 36-Week WAEC Study Guide for Economics →300 prompts matching "Maximum price legislation and why governments impose it"
Spot my mistake: Drawing a maximum price diagram to scale and measure the resulting shortage in units
Show me a worked example on drawing a maximum price diagram to scale and measure the resul
Subscribe to unlock allSpot my mistake: Explain, using elasticity, why the same shift raises price more in one market than in another
Show me a worked example on explain, using elasticity, why the same shift raises price mor
Subscribe to unlock allTeach me: Why public goods are not supplied by the market and must be financed by government
Be my SS1 Economics teacher for this one point: why public goods are not supplied by the m
Subscribe to unlock allReal-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
Subscribe to unlock allQuiz: Why the supply curve slopes upwards in terms of profitability and rising costs
Set me a quick recall test on why the supply curve slopes upwards in terms of profitabilit
Subscribe to unlock allSpot my mistake: The meaning of equilibrium price and equilibrium quantity and locate both on a drawn diagram
Give me a wrong or muddled explanation of the meaning of equilibrium price and equilibrium
Subscribe to unlock allQuiz: Surplus and shortage at prices above and below equilibrium and measure each in units
Quiz me on surplus and shortage at prices above and below equilibrium and measure each in
Subscribe to unlock allPractice set: Data response: a supplied price and quantity table for Nigerian rice
Set me five practice tasks on data response: a supplied price and quantity table for Niger
Subscribe to unlock allTeach 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
Subscribe to unlock allQuiz: Using elasticity to judge how large the price and quantity effects of a given shift will be
Set me a quick recall test on using elasticity to judge how large the price and quantity e
Subscribe to unlock allSpot my mistake: Why merit goods are under-consumed and demerit goods over-consumed in a free market
Give me a wrong or muddled explanation of why merit goods are under-consumed and demerit g
Subscribe to unlock allTeach 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
Subscribe to unlock allSpot my mistake: Two reasons why agricultural supply is price inelastic in the short run
Show me a worked example on two reasons why agricultural supply is price inelastic in the
Subscribe to unlock allReal-life Nigeria: Drawing a maximum price set below equilibrium showing the resulting shortage
Show me how drawing a maximum price set below equilibrium showing the resulting shortage w
Subscribe to unlock allSpot my mistake: Why scarcity forces choice (4 marks), marked against the 0455 mark scheme wording
Show me a worked example on why scarcity forces choice (4 marks), marked against the 0455
Subscribe to unlock allProject task: Computes the mean, median and mode of the monthly price of one staple food
Give me a practical task on computes the mean, median and mode of the monthly price of one
Subscribe to unlock allWAEC prep: Calculating the mean, median and mode of ten price observations
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on calcul
Subscribe to unlock allSpot my mistake: The classification of twelve items by factor; ten correct is the pass standard
Show me a worked example on the classification of twelve items by factor; ten correct is t
Subscribe to unlock allSpot my mistake: The four groups of decision makers in an economy — consumers, workers, firms and government —
Give me a wrong or muddled explanation of the four groups of decision makers in an economy
Subscribe to unlock allPractice set: Identifying the aims of buyer, seller and auctioneer and how the price settles
Give me a practice set on identifying the aims of buyer, seller and auctioneer and how the
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