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, demand, determinants, total revenue, tax incidence, pricing strategy

  • 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' ability to define and calculate price elasticity of demand, analyze key determinants (availability of substitutes, necessity vs. luxury, budget share, time horizon), interpret elasticity coefficients, and evaluate economic effects on total revenue, tax incidence, and firm pricing decisions through short calculations and graph-based questions.
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Remixes
100
Shares
100
Downloads
100
Attempts
100
Average Score
100%

Mock data used for demo purposes.