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Economics

AI prompts for senior secondary learners.

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300 prompts matching "The relationship between price changes and total revenue"

Spot my mistake: The relationship between PED and total revenue using a worked revenue table

Give me a wrong or muddled explanation of the relationship between PED and total revenue u

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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

Let me talk you through the causes of a change in price in a market as a shift in demand o

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Spot my mistake: The consequences of a price change for consumers, producers and workers in that market

Write a short SS1 Economics answer about the consequences of a price change for consumers,

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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: 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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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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WAEC 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

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Practice 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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Project task: Tracing on a flow diagram how a rise in the price of ginger in Kaduna moves land out of maize

Set me a small project on tracing on a flow diagram how a rise in the price of ginger in K

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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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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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Let me explain: Disequilibrium and the process by which price returns to equilibrium

Act as my study partner. I will teach you disequilibrium and the process by which price re

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WAEC prep: The difference between a shift in demand and a movement along the demand curve

Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on the di

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Teach me: Tracing the effects of a price change through related markets

I am an SS1 student studying The Price Mechanism at Work in Economics. Explain tracing the

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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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Project task: Map the knock-on effects of a diesel price rise on the bakery, cold-store and haulage markets

Set me a small project on map the knock-on effects of a diesel price rise on the bakery, c

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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: The mixed economic system and the balance struck between the private and public sectors

Show me a worked example on the mixed economic system and the balance struck between the p

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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

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