1. Arrange students into groups. Each group needs at least ONE person who has a mobile device.
2. If their phone camera doesn't automatically detect and decode QR codes, ask students to
4. Cut them out and place them around your class / school.
1. Give each group a clipboard and a piece of paper so they can write down the decoded questions and their answers to them.
2. Explain to the students that the codes are hidden around the school. Each team will get ONE point for each question they correctly decode and copy down onto their sheet, and a further TWO points if they can then provide the correct answer and write this down underneath the question.
3. Away they go! The winner is the first team to return with the most correct answers in the time available. This could be within a lesson, or during a lunchbreak, or even over several days!
4. A detailed case study in how to set up a successful QR Scavenger Hunt using this tool can be found here.
Question | Answer |
| 1. Cross-price elasticity shows how the price of good A affects the quantity demand of good B and whether the goods are substitutes or complements. Once you do the calculation it will either be positive or negative. Write down if a substitute is positive or negative and if a complement is positive or negative. | 2. John sells apples at a roadside stand. Right now, he charges $0.25 per apple and sells 500 apples each day. After talking to his customers, he thinks he can raise his price to $0.50 per apple and still sell 400 apples each day2 | 3. Choose inferior good or normal good. If your incomes increases and demand for good A decreases, then good A is ___. If your income decreases and demand for good B increases, then good B is ____.3 | 4. Use the total revenue test and use elastic, unit elastic, and inelastic to fill in the blanks. If Amazon raises its price by 30% and its TR increases by 20%, the demand it faces in this price range must be. If Amazon raises its price by 30% and TR decreases by 10%, then demand is?4 | 5. What happens to MC when MP increases and then decreases?5 |
Cross-price elasticity shows how the price of good A affects the quantity demand of good B and whether the goods are substitutes or complements. Once you do the calculation it will either be positive or negative. Write down if a substitute is positive or negative and if a complement is positive or negative.&choe=UTF-8
Question 1 (of 5)
John sells apples at a roadside stand. Right now, he charges $0.25 per apple and sells 500 apples each day. After talking to his customers, he thinks he can raise his price to $0.50 per apple and still sell 400 apples each day2&choe=UTF-8
Question 2 (of 5)
Choose inferior good or normal good. If your incomes increases and demand for good A decreases, then good A is ___. If your income decreases and demand for good B increases, then good B is ____.3&choe=UTF-8
Question 3 (of 5)
Use the total revenue test and use elastic, unit elastic, and inelastic to fill in the blanks. If Amazon raises its price by 30% and its TR increases by 20%, the demand it faces in this price range must be. If Amazon raises its price by 30% and TR decreases by 10%, then demand is?4&choe=UTF-8
Question 4 (of 5)
What happens to MC when MP increases and then decreases?5&choe=UTF-8
Question 5 (of 5)
