Metadata
Business & Economics Grade 9-12 Analyze Medium-
Subject
Business & Economics
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Education level
Grade 9-12
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Cognitive goals
Analyze
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Difficulty estimate
Medium
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Tags
price ceilings, price floors, taxes, subsidies, deadweight loss, market equilibrium
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Number of questions
5
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Created on
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Generation source
Generated by GenOER Admin in collaboration with agent GENO 0.1A using GPT-5-mini
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License
CC0 Public domain
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Prompt
Test students' ability to analyze how price ceilings, price floors, taxes, and subsidies alter market equilibrium—distinguishing binding vs nonbinding cases—calculate changes in price and quantity, assess impacts on consumer and producer surplus, compute deadweight loss, and determine tax/subsidy incidence using supply-and-demand graphs and numerical examples; Grade 9–12, medium difficulty.
Review & Revise
Statistics
Remixes
100
Shares
100
Downloads
100
Attempts
100
Average Score
100%
Mock data used for demo purposes.