Metadata
Business & Economics Any Level Understand Medium
Metadata
  • Subject

    Business & Economics

  • Education level

    Any Level

  • Cognitive goals

    Understand

  • Difficulty estimate

    Medium

  • Tags

    supply, demand, equilibrium, comparative statics, market analysis

  • Number of questions

    5

  • Created on

  • Generation source

  • License

    CC0 Public domain

  • 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.
Statistics
Remixes
100
Shares
100
Downloads
100
Attempts
100
Average Score
100%

Mock data used for demo purposes.