Student states the four determinants of the Law of Demand and correctly identifies the relationship between price and demand.
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Student can list the four determinants but does not understand the differences between price and demand.
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Student was able to identiy the two of the four determinants and can list the differeneces between price and demand.
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Student was able to identiy the three of the four determinants and understands the differeneces between price and demand.
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Student was able to identiy the four determinants and compares and contrasts the differeneces between price and demand.
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Student translates information on demand to a suitable graphs and correctly labels the elements of demand.
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Student cannot translate the information of demand to a graph.
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Student is able to graph the information but not label correctly.
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Student translates information on demand to a suitable graphs and partially labels the elements of supply.
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Student translates information on supply to a suitable graphs and correctly labels the elements of demand.
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Student intreprets the information given by the demand schedule and demand curve
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Student does not understand the relationship between the demand schedule and demand curve, and cannot identify the relationship between price and demand
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Student can identify the demand schedule and demand curve but does not understand their relationship
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Student can identify the relationship between demand schedule and the demand curve.
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Student can identify the inverse relationship between price and demand shown in the demand schedule and demand curve.
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