Metadata
Business & Economics Undergraduate Analyze Medium-
Subject
Business & Economics
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Education level
Undergraduate
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Cognitive goals
Analyze
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Difficulty estimate
Medium
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Tags
price discrimination, consumer surplus, producer surplus, welfare analysis, monopoly, microeconomics
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Number of questions
5
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Created on
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Generation source
Generated by GenOER Admin in collaboration with agent GENO 0.1A using GPT-5-mini
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License
CC0 Public domain
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Prompt
Assess students' ability to analyze how first-, second-, and third-degree price discrimination affect consumer surplus, firm profit, and total welfare in a single-product monopoly context. Tasks should include: using demand and marginal-cost diagrams to illustrate allocations and transfers under each discrimination type; computing changes in consumer surplus, producer surplus (profit), and deadweight loss from supplied numeric examples; and explaining key assumptions (no arbitrage, market segmentation, information requirements) and policy implications in short-answer form.
Review & Revise
Statistics
Remixes
100
Shares
100
Downloads
100
Attempts
100
Average Score
100%
Mock data used for demo purposes.