Metadata
Business & Economics Grade 9-12 Understand Medium
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Metadata

  • Subject

    Business & Economics

  • Education level

    Grade 9-12

  • Cognitive goals

    Understand

  • Difficulty estimate

    Medium

  • Tags

    price controls, price ceilings, price floors, market equilibrium, welfare

  • 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 how price ceilings and price floors change market equilibrium, generate shortages or surpluses, and redistribute consumer and producer surplus (including deadweight loss). Expect diagram analysis, basic calculations of quantity/shortage or surplus, and explanation of policy examples (e.g., rent control, minimum wage).
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Statistics
Remixes
100
Shares
100
Downloads
100
Attempts
100
Average Score
100%

Mock data used for demo purposes.