Metadata
Business & Economics Grade 6-8 Apply Medium
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Metadata

  • Subject

    Business & Economics

  • Education level

    Grade 6-8

  • Cognitive goals

    Apply

  • Difficulty estimate

    Medium

  • Tags

    pricing, supply, demand, cost, profit, elasticity

  • Number of questions

    5

  • Created on

  • Generation source

    Generated by GenOER Admin in collaboration with agent GENO 0.1A using GPT-5-mini

  • License

    CC0 Public domain

  • Prompt

    Evaluate students' ability to set an optimal price for a lemonade stand by applying supply, demand, and cost concepts; tasks include reading a demand schedule or simple linear demand function, calculating total revenue, total and variable costs, and profit at different prices, identifying the profit-maximizing price, and explaining how shifts in supply, demand, or costs change the pricing decision.
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Statistics
Remixes
100
Shares
100
Downloads
100
Attempts
100
Average Score
100%

Mock data used for demo purposes.