Revenue Types
This lesson defines revenue and explains its three main types: total revenue, average revenue, and marginal revenue. It covers how to calculate each type and their relationships to production and sales.
- 03:31 “So, without wasting time, let's look at worth, illustration, and respect of worth of these beautiful topics. This question is taken from 1988 of your SSC past questions. And whether I like it or not, the question will al...”
- 01:01 “However, when you produce an item and then you sell that item, you will realize money. Is that so? Now, the total amount you have realized when you sell a commodity you have produced, that total amount realized is what w...”
- 20:42 “So this is what you need to know in the rest of the world. This is where I'm going to stop my class. But before then, I need to give you an assignment in the rest of the world of that. So you go to the 1998 question in m...”
Public Sector Accounting: Revenue and Expenditure
This lesson covers sources of government revenue and explains terms related to public sector accounting. It classifies expenditures into capital and recurrent categories and provides examples for preparing statements of revenue and expenditure.
- 00:46 “expenditure. In preparing statements of revenue, expenditure and capital expenditure, there must be a separation between items that are capital in nature and those of revenue, those and the revenue items. Now, what I mea...”
- 07:20 “notes that your recurrence expenditure can also be termed revenue expenditure. So it depends on what the question asks you to do if they are asking for revenue expenditure. You're also preparing statements of recurrence...”
- 10:40 “expenditure. Now, what this question is asking us first and foremost to do is that you are to prepare the statements of recurrent expenditure. And how do you do that? You pick out items of recurrent expenditure. You come...”
Political Parties in Nigeria: PRP and NAP
This lesson covers the formation and organizational structure of the People's Redemption Party (PRP) and the Nigeria Advanced Party (NAP). It includes information on their sources of finance, aims and objectives, and their achievements. Key figures and events related to the development of these poli
- 13:26 “Let us see how this political party gets their sources. Got their sources of finance. Number one, true membership fees. Members of the political party, they pay fee, they pay levy. From there, they get their source of fi...”
- 05:32 “that they used to take care of the political party. One is a location from Federco donations, federal electoral commission. It was the electoral commission that took care of the election in the second republic between 19...”
- 04:46 “which had power to hold conferences as which each local branch of the party was represented by two delegates. Now, they also had local branches. The local branches had their own directorates and chapters based on the gra...”
Translating Word Problems into Equations
The lesson teaches how to translate word sentences into mathematical equations. It covers the use of variables to represent numbers and how to express word problems as algebraic expressions. Students will learn to solve simple equations and check their answers.
- 07:04 “could find out what the exact age is. But as it is now, there's no value. We leave it the way it is. Second example, a shop owner sells maize at Sunera Parkop. She also sells rice Parkop at double the price of the maize....”
- 09:31 “And then she sold 45 cups of rice, 45 cups of rice. So 45 times two, 45 now would be 45 times four. Because a cup of rice is four Nera, so four multiplied by 45. So our income is two times 50 plus four times 45, which is...”
- 11:09 “So we say Q. And rice adds double the price of maize. That is two times Q. If she sold 50 cups of maize and 45 cups of rice, what was her income? So 50 cups of Q, that is 50 of Q, 50 Q plus-- this is 2Q plus 2Q times 45....”
Types of Production
This lesson defines production and explains its types, including primary, secondary, and tertiary production. It also discusses the extraction of raw materials and the transformation into finished goods.
- 17:35 “machinery, equipment. All these things are being included as capital. Then we have reward for capital as interest. The reward for capital is world interest. Right, we have the entrepreneur. The entrepreneur is the owner...”
- 09:16 “services, we can also divide them into three direct services, an environment to have commercial, direct services are those ones who give you direct service and pay for the services given to you. All right? In direct, tho...”
- 11:44 “business are being reduced. We also have the transport services fed of production on environment or society. Let us see, you can equally say the importance of production in our society. One is this, it provides employmen...”
Nigerian People's Party and Great Nigerian People's Party
This lesson covers the formation of the Nigerian People's Party (NPP) and the Great Nigerian People's Party (GNPP). It explains their organizational structures, sources of finance, and performance. Key figures involved in the formation of NPP are also discussed.
- 13:12 “and convention. The national working committee was charged with the responsibility of carrying out the directives of the neck proposing matters for its consideration. Now, let's also see the sources of finance for great...”
- 04:43 “were among the second Republic political parties. Let's all see the sources of finance of Nigerian people's party. The Nigerian people's party received their phones. How they got their phone. They received their phone fr...”
- 05:28 “Also, they can get proceeds from the entertainment, donations, sale of public, publicity items. They sell materials like the emblems, they sell, party flag, and all that. From there, they get their source of funds. Also,...”