Metadata
Business & Economics Any Level Understand Medium-
Subject
Business & Economics
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Education level
Any Level
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Cognitive goals
Understand
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Difficulty estimate
Medium
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Tags
supply, demand, equilibrium, comparative statics, market analysis
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Number of questions
5
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Created on
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Generation source
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License
CC0 Public domain
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Prompt
Assess understanding of how changes in supply and demand determinants (income, tastes, prices of related goods, input costs, technology, taxes/subsidies, expectations, number of buyers) cause shifts in curves versus movements along curves, and require students to predict and justify the direction of change in market equilibrium price and quantity for single and simultaneous shifts using comparative-statics reasoning and simple supply–demand diagrams or short scenarios.
Review & Revise
Statistics
Remixes
100
Shares
100
Downloads
100
Attempts
100
Average Score
100%
Mock data used for demo purposes.