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, demand, revenue, taxes, subsidies

  • 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

    Test students' ability to calculate and interpret price elasticity of demand (percentage-change and midpoint methods), classify demand as elastic/inelastic/unitary, and apply these classifications to predict how price changes, per‑unit taxes, and subsidies affect equilibrium quantity and total revenue; include numeric problems and brief explanations linking elasticity to revenue outcomes and incidence.
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Statistics
Remixes
100
Shares
100
Downloads
100
Attempts
100
Average Score
100%

Mock data used for demo purposes.