Metadata
Business & Economics Any Level Understand Medium
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Metadata

  • Subject

    Business & Economics

  • Education level

    Any Level

  • Cognitive goals

    Understand

  • Difficulty estimate

    Medium

  • Tags

    price elasticity, pricing strategy, revenue, microeconomics, price discrimination

  • 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' understanding of price elasticity of demand — its calculation, determinants, and interpretation — and how elasticity informs firm pricing decisions (revenue effects, optimal markup, price discrimination, bundling, and dynamic pricing). Include numerical calculations and short applied scenario analysis.
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Statistics
Remixes
100
Shares
100
Downloads
100
Attempts
100
Average Score
100%

Mock data used for demo purposes.