Metadata
Business & Economics Grade 9-12 Understand Medium
View More
Metadata

  • Subject

    Business & Economics

  • Education level

    Grade 9-12

  • Cognitive goals

    Understand

  • Difficulty estimate

    Medium

  • Tags

    market equilibrium, supply and demand, price ceilings, price floors, shortages, surpluses

  • 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

    Assess students' understanding of market equilibrium: how shifts in supply and demand change equilibrium price and quantity, how to interpret and draw supply/demand curve shifts, identify common causes of shifts, and evaluate the economic effects and unintended consequences of price ceilings and price floors (shortages, surpluses, and deadweight loss).
Use
Remix
Export
Review & Revise
Statistics
Remixes
100
Shares
100
Downloads
100
Attempts
100
Average Score
100%

Mock data used for demo purposes.