Incorrect

Criterion A: The commentary includes diagrams that are relevant to the chosen concept and topic

Comment: The student included only one relevant diagram while in order to score maximum points the commentary needs to have two diagrams. A diagram showing the negative externality of automobile consumption could have been added.

Correct

Criterion A: Each diagram included in the work is labeled and accurate, i.e does not include any mistakes or fallacies

Comment: Overall, the diagram is correctly labelled and dynamic; however, to improve it and connect it more to the article, the student could have labelled the x-axis as "Quantity of automobiles" and the y-axis as "Price of automobiles".

Correct

Criterion A: Each diagram included in the work is presented alongside an explanation, making its content and relevance clear to the reader

Comment: The student describes how the imposition of the new policy affects the MPB curve, quantity and price of automobiles and welfare loss while constantly referring to the diagram.

Correct

Criterion A: Each diagram included in the work is presented alongside an explanation, making its content and relevance clear to the reader

Comment: The student describes how the imposition of the new policy affects the MPB curve, quantity and price of automobiles and welfare loss while constantly referring to the diagram.

Correct

Criterion B: The commentary correctly uses subject-specific terminology that is relevant to the chosen article and key concept

Comment: The student appropriately uses terminology connected to Unit 2 Microeconomics such as social optimum equilibrium, price inelasticity or welfare loss.

Correct

Criterion B: The commentary correctly uses subject-specific terminology that is relevant to the chosen article and key concept

Comment: The student appropriately uses terminology connected to Unit 2 Microeconomics such as social optimum equilibrium, price inelasticity or welfare loss.

Correct

Criterion B: The commentary correctly uses subject-specific terminology that is relevant to the chosen article and key concept

Comment: The student appropriately uses terminology connected to Unit 2 Microeconomics such as social optimum equilibrium, price inelasticity or welfare loss.

Correct

Criterion B: The incorporation of subject-specific terminology is evident throughout the whole work

Comment: The student incorporates terminology connected to government intervention and market failure throughout the whole commentary.

Correct

Criterion B: The incorporation of subject-specific terminology is evident throughout the whole work

Comment: The student incorporates terminology connected to government intervention and market failure throughout the whole commentary.

Correct

Criterion B: The incorporation of subject-specific terminology is evident throughout the whole work

Comment: The student incorporates terminology connected to government intervention and market failure throughout the whole commentary.

Comment

Criterion C:

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Criterion C:

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Criterion D:

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Criterion D:

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