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Economics

AI prompts for senior secondary learners.

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300 prompts matching "Quiz: Price discrimination under monopoly and when it is possible"

Quiz: 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

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Quiz: 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

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Spot 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

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Project task: Who gains and who loses when a market price rises, and whether the two effects cancel out

Give me a practical task on who gains and who loses when a market price rises, and whether

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Spot 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

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Spot my mistake: Drawing a maximum price diagram to scale and measure the resulting shortage in units

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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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Practice set: Data response: a supplied price and quantity table for Nigerian rice

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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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Quiz: 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

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Quiz: The cost-benefit comparison is standard 6- and 8-mark Paper 2 material

Set me a quick recall test on the cost-benefit comparison is standard 6- and 8-mark Paper

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Quiz: The birth-rate and death-rate comparison is a standard Paper 2 explain-the-difference item

Set me a quick recall test on the birth-rate and death-rate comparison is a standard Paper

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Spot my mistake: Interpreting points on, inside and outside the PPC as efficient, under-used and unattainable

Give me a wrong or muddled explanation of interpreting points on, inside and outside the P

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Project 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

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Quiz: The calculation appears on Paper 1 and the revenue implication on Paper 2

Quiz me on the calculation appears on Paper 1 and the revenue implication on Paper 2, from

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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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Quiz: Commonly paired with PED in the part (c) analysis on Paper 2

I am revising Price Elasticity of Supply for SS1 Economics. Test me on commonly paired wit

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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

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Spot my mistake: Explain, using elasticity, why the same shift raises price more in one market than in another

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Project task: Listing four effects on producers and workers of a fall in the oil price from 90 to 60 dollars

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