Metadata
Business & Economics Grade 9-12 Apply Hard
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Metadata

  • Subject

    Business & Economics

  • Education level

    Grade 9-12

  • Cognitive goals

    Apply

  • Difficulty estimate

    Hard

  • Tags

    elasticity, tax incidence, deadweight loss, per-unit tax, supply and demand, market efficiency

  • Number of questions

    5

  • Created on

  • Generation source

  • License

    CC0 Public domain

  • Prompt

    Assess students' ability to apply price elasticities to compute pre- and post-tax equilibrium prices and quantities for a per-unit tax in a competitive market, determine economic tax incidence using supply/demand functions or elasticities, calculate tax revenue and deadweight loss, and interpret policy implications from numerical and graphical analyses.
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Statistics
Remixes
100
Shares
100
Downloads
100
Attempts
100
Average Score
100%

Mock data used for demo purposes.