Metadata
Business & Economics Adult Learning Understand Medium
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Metadata

  • Subject

    Business & Economics

  • Education level

    Adult Learning

  • Cognitive goals

    Understand

  • Difficulty estimate

    Medium

  • Tags

    economics, price elasticity, pricing strategy, demand, revenue

  • 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 learners' understanding of price elasticity of demand—definition and calculation of elasticity coefficients, determinants (substitutes, necessity vs luxury, time horizon), interpretation (elastic vs inelastic), and quantitative effects on revenue and optimal pricing decisions; include short numerical calculations, scenario analysis, and implications for discounts, bundling, and market strategy.
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Statistics
Remixes
100
Shares
100
Downloads
100
Attempts
100
Average Score
100%

Mock data used for demo purposes.