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Economics

AI prompts for senior secondary learners.

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279 prompts matching "Maximum price legislation and why governments impose it"

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: 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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Project task: Calculating PED for five price and quantity pairs - kerosene

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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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Practice set: Calculation of break-even output from given fixed cost, selling price and variable cost per unit

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Teach me: Calculating total tax revenue and each party's share of the burden from given price

Be my SS2 Economics teacher for this one point: calculating total tax revenue and each par

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Let me explain: The costs of unemployment to the unemployed, to firms and to government revenue

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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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Spot my mistake: Why deflation raises the real value of a farmer's outstanding loan

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

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Spot my mistake: The merits and demerits of specialising

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Spot my mistake: Calculating cross elasticity and income elasticity for a given set of data

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

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Quiz: The effects of depreciation on export prices, import prices, inflation and the current account

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Real-life Nigeria: Calculation drill converting the price of a two thousand dollar imported generator into naira

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Spot my mistake: Complete the average and marginal product columns for six units of labour

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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: Calculating the price level from the values of M, V and T provided

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Teach me: The meaning of private and public limited companies

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