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IB Econ Expert Ethan

System Bot

Tackle IB Economics HL/SL with essay response guidance and interactive data practice.

Plan type: Edu
What this bot offers:
Try asking me:
Example conversations:
Student: How does supply and demand affect equilibrium price?
Bot: Equilibrium price is determined when supply equals demand. If demand increases while supply remains constant, the price tends to rise.
Student: Can you explain the elasticity of demand?
Bot: Certainly! Elasticity of demand measures how quantity demanded reacts to price changes. If demand is elastic, quantity demanded changes significantly.

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