Mechanics (20 Poi.) 20 poi. Student makes no errors in grammar or spelling that distract the reader frorn the content. 15 poi. Student makes 1-2 errors in grammar or spelling that distract the reader from the content. 10 points Student makes 3-4 errors in grammar or spelling that distract the reader from the content. 5 points Student makes more than 4 errors in grammar or spelling that distract the reader from the content. Format (10 Points) 10 poi. The paper is written in proper format. All sources u. for quotes and fa. are credible and cited correctly. 8 pohts The paper is written in proper format with only 1-2 errors. All sources u. for quotes and facts are credible and most are cited correctly. 5 points The paper is written in proper format with only 3-5 errors. Most sources used for quotes and facts are credible and cited correctly. 2 poi. The paper is not written in proper format. Many sources u. for quotes and facts are le. than credible (suspect) and/or are not cited correctly.

Part A: Output/price decisions (15 Points) 15 po. Student provides a clear, logical description of at least 1 way that the Futures Unlimited Corporation makes output and price decisions. 12 points Student provides a mostly clear, logical description of at least 1 way that the Futures Unlimited Corporation makes output and price decisions. 8 points Student pro,des a weak or unclear description of at least 1 way that the Futures Unlimited Corporation makes output and price decisions. 5 points Student provides a poor description of 1 way that the Futures Unlimited Corporation makes output and price decisions. Part B: Tariff vs. quota (15 points) 15 points Student provides a clear, logical description of whether consumers would benefit more from a tariff or a quota on imports, with at least 1 clear, logical supporting fact. 12 points Student proAdes /MN/sty clear, logical description of whether consumers would benefit more frorn a tariff or a quota on imports, with at least 1 mostly clear, logical supporting fact. 8 points

Grading Rubric Please refer to the rubric on the following page for the grading criteria for this assignment. CAI/ Exemplary Satisfactory Unsatisfactory Unacceptable Part A: Economic outcome (15 poi.) 15 poi. Student provides a clear, logical description of the economic outcome of this single-price monopoly in terms of profit, with at least 1 clear, logical supporting fact. 12 points Student provides a mostly clear, logical description of the economic outcome of this single-price monopoly in terms of profit, with at least 1 mostly clear, logical supporting fact. 8 points Student provides a weak or unclear description of the economic outcome of this single-price monopoly in terms of profit, with at least 1 weak or unclear supporting fact. 5 po.ts Student provides a poor description of the economic outcome of this single-price monopoly in terms of profit, with 0-1 poor supporting facts.