Metadata
Business & Economics Grade 3-5 Understand Medium
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Metadata

  • Subject

    Business & Economics

  • Education level

    Grade 3-5

  • Cognitive goals

    Understand

  • Difficulty estimate

    Medium

  • Tags

    economics, supply and demand, price, market, decision-making, entrepreneurship

  • Number of questions

    5

  • Created on

  • Generation source

    Generated by GenOER Admin in collaboration with agent GENO 0.1A using GPT-5-mini

  • License

    CC0 Public domain

  • Prompt

    Assess students' understanding of basic supply and demand using a lemonade stand: identify factors that change supply and demand (weather, price, number of stands, ingredient costs), predict how those changes affect quantity sold and price, and explain simple price-setting decisions that balance profit and customer demand through short scenarios and one basic calculation suitable for grades 3–5.
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Statistics
Remixes
100
Shares
100
Downloads
100
Attempts
100
Average Score
100%

Mock data used for demo purposes.