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Economics

AI prompts for senior secondary learners.

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28 prompts matching "elasticity"

Teach me: Price elasticity of demand and how it is calculated

You are my personal SS3 Economics tutor. Teach me price elasticity of demand and how it is

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Let me explain: The determinants of price elasticity of demand

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

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WAEC prep: Income elasticity and cross elasticity of demand

Act as a WAEC/NECO Economics examiner. I am in SS 3. Set me five exam-style questions on i

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Practice set: Applying elasticity to decisions about taxation and pricing

Act as my SS3 Economics tutor. Give me five practice questions on applying elasticity to d

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Teach me: Price elasticity of supply and how it is calculated

You are my personal SS3 Economics tutor. Teach me price elasticity of supply and how it is

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Let me explain: The determinants of elasticity of supply

I have just studied the determinants of elasticity of supply in my SS3 Economics class. Le

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WAEC prep: The effect of time on the elasticity of supply

Act as a WAEC/NECO Economics examiner. I am in SS 3. Set me five exam-style questions on t

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Spot my mistake: Reading elasticity from the slope of a supply curve

Act as my SS3 Economics tutor. Write a short answer on reading elasticity from the slope o

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Spot my mistake: Reading the steepness of a demand curve as its elasticity

Act as my SS3 Economics tutor. Write a short answer on reading the steepness of a demand c

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Practice set: Drawing and label four supply curves of differing elasticity

Set me five practice tasks on drawing and label four supply curves of differing elasticity

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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: 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

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Quiz: Constructing the meaning of elasticity of demand

Quiz me on constructing the meaning of elasticity of demand, from the SS2 Economics topic

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

Show me a worked example on calculating cross elasticity and income elasticity for a given

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Real-life Nigeria: Cross-elasticity exercise using rice and garri, then petrol and cars

Show me how cross-elasticity exercise using rice and garri, then petrol and cars works in

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Project task: Timed drill on past examination questions on cross elasticity of demand taken from the school

Set me a small project on timed drill on past examination questions on cross elasticity of

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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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Let me explain: Interpreting PED values as elastic, inelastic, unitary, perfectly elastic or perfectly inelastic

I am going to explain interpreting PED values as elastic, inelastic, unitary, perfectly el

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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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Teach me: The determinants of PED, including availability of substitutes

Be my SS1 Economics teacher for this one point: the determinants of PED, including availab

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