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

    price elasticity, total revenue, demand elasticity, revenue analysis, midpoint formula

  • 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 apply price elasticity of demand to predict how price changes affect a firm's total revenue. Tasks include calculating elasticity (percent change or midpoint formula), classifying demand as elastic/inelastic/unitary, computing revenue before and after price changes, interpreting results and recommending pricing decisions.
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Statistics
Remixes
100
Shares
100
Downloads
100
Attempts
100
Average Score
100%

Mock data used for demo purposes.