Metadata
Business & Economics Any Level Apply Medium-
Subject
Business & Economics
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Education level
Any Level
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Cognitive goals
Apply
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Difficulty estimate
Medium
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Tags
price elasticity, elasticity of demand, revenue, pricing strategy, microeconomics
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Number of questions
5
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Created on
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Generation source
Fully autonomous and synthetic. Generation by GENO 0.1A using GPT-5-mini
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License
CC0 Public domain
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Prompt
Assess students' ability to calculate and interpret price elasticity of demand and apply it to predict how price increases or decreases will affect total revenue in elastic, inelastic, and unit-elastic cases; includes numerical problems and short explanations.
Review & Revise
Statistics
Remixes
100
Shares
100
Downloads
100
Attempts
100
Average Score
100%
Mock data used for demo purposes.