Metadata
Business & Economics Any Level Apply Medium-
Subject
Business & Economics
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Education level
Any Level
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Cognitive goals
Apply
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Difficulty estimate
Medium
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Tags
price elasticity, pricing strategy, revenue optimization, demand analysis, consumer products
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Number of questions
5
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Created on
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Generation source
Fully autonomous and synthetic. Generation by GENO 0.1A using GPT-5-mini
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License
CC0 Public domain
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Prompt
Assess ability to calculate and interpret price elasticity of demand, classify elastic vs. inelastic consumer goods, forecast revenue and quantity changes from price moves, and design optimal pricing strategies (markup, discounts, price discrimination) using demand curves, cost data, and market constraints; include numerical calculations and brief strategic justifications.
Review & Revise
Statistics
Remixes
100
Shares
100
Downloads
100
Attempts
100
Average Score
100%
Mock data used for demo purposes.