Explain the Equilibrium, shortage, and surplus price and output conditions.

1) Compare Demand Verse Quantity Demanded.
2) Compare Supply Verse Quantity Supplied.
3) Explain the Equilibrium, shortage, and surplus price and output conditions.
View Rubric
1) Compare Demand Verse Quantity Demanded.
2) Compare Supply Verse Quantity Supplied.
3) Explain the Equilibrium, shortage, and surplus price and output conditions.
View Rubric
15-Homework Rubric (2)CriteriaRatingsPts
q1-Reasoning and Analysis
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5 pts
Exemplary
Clear and accurate answers; insightful, specific.
4 pts
Proficient
Reasons support answers with some / an important reason(s) overlooked; general examination and assessment.
3 pts
Below Expectations
Weak reasons and/or irrelevant or confusing reasons given that don’t support the answers; incomplete answers.
0 pts
No Submission
No Submission
/ 5 pts
q2-Reasoning and Analysis
view longer description
5 pts
Exemplary
Clear and accurate answers; insightful, specific.
4 pts
Proficient
Reasons support answers with some / an important reason(s) overlooked; general examination and assessment.
3 pts
Below Expectations
Weak reasons and/or irrelevant or confusing reasons given that don’t support the answers; incomplete answers.
0 pts
No Submission
No Submission
/ 5 pts
q3-Reasoning and Analysis
view longer description
5 pts
Exemplary
Clear and accurate answers; insightful, specific.
4 pts
Proficient
Reasons support answers with some / an important reason(s) overlooked; general examination and assessment.
3 pts
Below Expectations
Weak reasons and/or irrelevant or confusing reasons given that don’t support the answers; incomplete answers.
0 pts
No Submission
No Submission
/ 5 pts
Total Points: 0

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