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