The Assignment should discuss everything in the task descrition and criteria sheet… 1 answer below »

The Assignment should discuss everything in the task descrition and criteria sheet, it also should talk about an Industry inside of Australia and I Prefer that the industry is the Airline industry

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Student Surname: Student Given Name: Student ID: Teacher: Due Date: Performance Criteria Above Satisfactory Satisfactory Not Satisfactory Marks State of Play Demonstrates high level of understanding and analysis of market structure and state of play of chosen industry using at least three [3] criteria. The student has made connections between the articles and a major industry in the Australian economy. Demonstrates an understanding and analysis of market structure or state of play of chosen industry using as least two [2] criteria. The student has been able to make some connections between the article and a major industry in the Australian economy. The student has not discussed any features of market structure or state of play. The student has not been able to make logical connections between the article and a major industry in the Australian economy. 4 – 2.5 2 – 1 0.5 – 0 Price mechanism diagrams & analysis Two diagrams are drawn showing all changes including increases/decreases, contractions/expansions and equilibriums. Only minor errors or omissions. Two diagrams are drawn showing all changes including increases/decreases, contractions/expansions and equilibriums. Some errors or omissions. Diagrams are incomplete or inaccurate. Major errors or omissions. 4 – 2.5 2 – 1 0.5 – 0 Analysis and Effect An accurate level of analysis of the price changes using the price mechanism. A sophisticated evaluation of the effects of the price change. An accurate level of analysis of the price changes using the price mechanism. A reasonable and accurate evaluation of the effects of the price change. Discussion indicates a lack of understanding of how the price changed. The effects of the price changes are omitted or unsubstantiated. 6 – 4 3-2 1.5 – 0 Policies & Conclusions A prediction of economic consequences due to a sector decision/s has been attempted. The prediction is based on established economic knowledge. The student has been able…

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