Metadata
Business & Economics Grade 9-12 Apply Medium
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Metadata

  • Subject

    Business & Economics

  • Education level

    Grade 9-12

  • Cognitive goals

    Apply

  • Difficulty estimate

    Medium

  • Tags

    elasticity, total revenue, price elasticity of demand, percent change, microeconomics

  • Number of questions

    5

  • Created on

  • Generation source

  • License

    CC0 Public domain

  • Prompt

    Assess students' ability to apply price elasticity of demand to predict how a specified price change will affect total revenue. Tasks include calculating elasticity (percent change or arc elasticity), classifying demand as elastic/inelastic/unitary, and explaining how revenue will change in single-market scenarios.
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Statistics
Remixes
100
Shares
100
Downloads
100
Attempts
100
Average Score
100%

Mock data used for demo purposes.