Marginal Analysis

Marginal Analysis

Order Description

Instructions attached. Also included copy of my peer’s paper that was accepted by the university to be used as a GUIDE only. Also, including website address to lecture

provided by instructor just in case you need a refresher on the subject: https://www.youtube.com/watch?v=VC_0jNVBQjI#t=0m1s

Created with TaskstreamEGT Task 1

value: 1.00

value: 2.00

value: 3.00

value: 4.00

Score/Level

Articulation of Response (clarity, organization)

There is no evidence of response to the prompts.

The articulation of the response is weak.

The articulation of the response is adequate.

The articulation of the response is skillful.

Accuracy of Mechanics (grammar, punctuation, spelling)

The work includes several major errors that disrupt the meaning or flow of the response.

The work includes a few major errors and/or many minor errors that interfere with the clarity of the response.

The work includes a few minor errors but no readily detectable major errors.

The work includes no readily detectable major or minor errors.

A1. Total Revenue to Total Cost

The candidate does not explain profit maximization from the approach of total revenue to total cost.

The candidate provides an illogical explanation of profit maximization from the approach of total revenue to total cost.

The candidate provides a logical explanation of profit maximization from the approach of total revenue to total cost.

The candidate provides a credible and well-supported explanation of profit maximization from the approach of total revenue to total cost.

A2. Marginal Revenue to Marginal Cost

The candidate does not explain profit maximization from the approach of marginal revenue to marginal cost.

The candidate provides an illogical explanation of profit maximization from the approach of marginal revenue to marginal cost.

The candidate provides a logical explanation of profit maximization from the approach of marginal revenue to marginal cost.

The candidate provides a credible and well-supported explanation of profit maximization from the approach of marginal revenue to marginal cost.

B. Marginal Revenue Calculation

The candidate does not explain the calculation used to determine marginal revenue.

The candidate provides an illogical explanation of the calculation used to determine marginal revenue.

The candidate provides a logical explanation of the calculation used to determine marginal revenue.

The candidate provides a credible and well-supported explanation of the calculation used to determine marginal revenue.

B1. Marginal Revenue Increases and Decreases

The candidate does not discuss how marginal revenue increases, decreases, or remains constant in the given scenario.

The candidate provides an illogical discussion of how marginal revenue increases, decreases, or remains constant in the given scenario.

The candidate provides a logical discussion of how marginal revenue increases, decreases, or remains constant in the given scenario.

The candidate provides a credible and well-supported discussion of how marginal revenue increases, decreases, or remains constant in the given scenario.

C. Marginal Cost Calculation

The candidate does not explain the calculation used to determine marginal cost.

The candidate provides an illogical explanation of the calculation used to determine marginal cost.

The candidate provides a logical explanation of the calculation used to determine marginal cost.

The candidate provides a credible and well-supported explanation of the calculation used to determine marginal cost.

C1. Marginal Cost Increases and Decreases

The candidate does not discuss how marginal cost increases, decreases, or remains constant in the given scenario.

The candidate provides an illogical discussion of how marginal cost increases, decreases, or remains constant in the given scenario.

The candidate provides a logical discussion of how marginal cost increases, decreases, or remains constant in the given scenario.

The candidate provides a credible and well-supported discussion of how marginal cost increases, decreases, or remains constant in the given scenario.

D. Where Profit Maximization Occurs

The candidate does not explain where profit-maximization occurs for Company A using the chart provided in the given scenario.

The candidate provides an illogical explanation of where profit-maximization occurs for Company A using the chart provided in the given scenario.

The candidate provides a logical explanation of where profit-maximization occurs for Company A using the chart provided in the given scenario.

The candidate provides a credible and well-supported explanation of where profit-maximization occurs for Company A using the chart provided in the given scenario.

E. Marginal Revenue Greater Than Marginal Cost

The candidate does not explain what action should be taken in terms of adjusting output if it is determined that marginal revenue is greater than marginal cost.

The candidate provides an illogical explanation of what action should be taken in terms of adjusting output if it is determined that marginal revenue is greater than

marginal cost.

The candidate provides a logical explanation of what action should be taken in terms of adjusting output if it is determined that marginal revenue is greater than

marginal cost.

The candidate provides a credible and well-supported explanation of what action should be taken in terms of adjusting output if it is determined that marginal revenue

is greater than marginal cost.

F. Marginal Cost Greater Than Marginal Revenue

The candidate does not explain what action should be taken in terms of adjusting output if it is determined that marginal cost is greater than marginal revenue.

The candidate provides an illogical explanation of what action should be taken in terms of adjusting output if it is determined that marginal cost is greater than

marginal revenue.

The candidate provides a logical explanation of what action should be taken in terms of adjusting output if it is determined that marginal cost is greater than

marginal revenue.

The candidate provides a credible and well-supported explanation of what action should be taken in terms of adjusting output if it is determined that marginal cost is

greater than marginal revenue.

G. Sources

When the candidate uses sources, the candidate does not provide in-text citations and references for each source used.

When the candidate uses sources, the candidate provides appropriate in-text citations and references with major deviations from APA style.

When the candidate uses sources, the candidate provides appropriate in-text citations and references with minor deviations from APA style.

When the candidate uses sources, the candidate provides appropriate in-text citations and references with no readily detectable deviations from APA style, OR the

candidate does not use sources.
    

 

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