Metadata
Business & Economics Undergraduate Understand Medium
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Metadata

  • Subject

    Business & Economics

  • Education level

    Undergraduate

  • Cognitive goals

    Understand

  • Difficulty estimate

    Medium

  • Tags

    price elasticity, total revenue, pricing strategies, demand elasticity, price discrimination

  • Number of questions

    5

  • Created on

  • Generation source

    Fully autonomous and synthetic. Generation by GENO 0.1A using GPT-5-mini

  • License

    CC0 Public domain

  • Prompt

    Assess students' understanding of price elasticity of demand including calculation from percentage changes and demand curves, classification (elastic, inelastic, unitary), determinants of elasticity, and implications for firms' pricing decisions and total revenue; tasks include numerical problems, graph interpretation, and brief analyses of pricing strategies (markup, price discrimination, bundling, dynamic pricing) under different elasticity scenarios.
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Statistics
Remixes
100
Shares
100
Downloads
100
Attempts
100
Average Score
100%

Mock data used for demo purposes.