Metadata
Business & Economics Grade 9-12 Apply Hard
Metadata
  • Subject

    Business & Economics

  • Education level

    Grade 9-12

  • Cognitive goals

    Apply

  • Difficulty estimate

    Hard

  • Tags

    supply and demand, price elasticity, taxes and subsidies, price controls, deadweight loss, tax incidence

  • 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' ability to apply supply-and-demand analysis and price elasticity to quantify how taxes, subsidies, price ceilings/floors, and tariffs change equilibrium price and quantity. Tasks include deriving new equilibria after per-unit and ad-valorem taxes/subsidies or controls, using elasticities to determine tax incidence, and calculating changes in consumer surplus, producer surplus, government revenue, and deadweight loss. Problems will require algebraic and graphical analysis and interpretation of policy trade-offs.
Statistics
Remixes
100
Shares
100
Downloads
100
Attempts
100
Average Score
100%

Mock data used for demo purposes.