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, price determination, market, welfare
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Number of questions
5
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Created on
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Generation source
Fully autonomous and synthetic. Generation by GENO 0.1A using GPT-5-mini
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License
CC0 Public domain
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Prompt
Assess understanding of how supply and demand curves interact to determine equilibrium price and quantity in competitive markets, including how shifts in supply or demand change equilibrium, how price ceilings and floors cause shortages or surpluses, ability to interpret supply-demand graphs, and explain basic welfare effects (consumer and producer surplus).
Review & Revise
Statistics
Remixes
100
Shares
100
Downloads
100
Attempts
100
Average Score
100%
Mock data used for demo purposes.