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Describe the supply and demand trends for the company over the past five years. How have supply and demand trends changed?  B. Identify at least two determinants of supply and two determinants of demand

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11/6/25, 7:37 AM Assignment Information 

 ECO 201 Module Three Checkpoint Assignment Guidelines and Rubric 

Directions 

ESSAY WRITING AGENCY

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Research the company you selected for your project (see the Project Guidelines and Rubric document in Module One for the full list of companies or email an alternative to your instructor for approval). This assignment directly supports your work on your project. 

Use the provided template linked in the What to Submit Section to complete this checkpoint assignment. It is a modified version of the template you will complete for your project in Module Eight. Note that the sections you create for this assignment cannot be copied and pasted into the project template because this assignment includes additional elements. 

Support your analysis with sources from the textbook and your own research. 

Specifically, address the following: 

1. Introduction: Provide a brief description of the selected company, including what products or services they provide. 

2. Supply and Demand 

A. Describe the supply and demand trends for the company over the past five years. How have supply and demand trends changed? 

B. Identify at least two determinants of supply and two determinants of demand and explain how they have impacted the supply and demand trends for the company. 

3. Price Elasticity 

A. Identify the determinants of price elasticity of demand for the selected company. Provide examples from your research to illustrate. 

B. Based on your analysis, determine if the price elasticity of demand is elastic or inelastic for the goods or services produced by the company. 

C. Explain how price elasticity of demand affects pricing decisions and total revenue of the selected firm. Provide examples from your research or the textbook to illustrate. 

What to Submit 

Using the Module Three Checkpoint Assignment Template, create your checkpoint assignment and submit it for grading. Sources should be cited according to APA style. 

Module Three Checkpoint Assignment Rubric 

Criteria 

Meets Expectations (100%) 

Partially Meets Expectations (55%) 

Does Not Meet Expectations (0%) 

Value

Introduction 

Provides a brief description of the selected firm, including what products or services they provide

Shows progress toward meeting expectations, but with errors or omissions

Does not attempt criterion 

5

Supply and Demand: Trends 

Describes the supply and demand trends for the company over the past five years

Shows progress toward meeting expectations, but with errors or omissions

Does not attempt criterion 

17

Supply and Demand: 

Determinants

Identifies at least two determinants of supply and two determinants of demand and explains how they have impacted the supply and demand trends for the company

Shows progress toward meeting expectations, but with errors or omissions

Does not attempt criterion 

17

https://learn.snhu.edu/d2l/le/content/2074693/viewContent/44650923/View 1/2

11/6/25, 7:37 AM Assignment Information 

Criteria 

Meets Expectations (100%) 

Partially Meets Expectations (55%) 

Does Not Meet Expectations (0%) 

Value

Price Elasticity: Determinants 

Identifies the determinants of price elasticity of demand for the selected company and provides examples from research to illustrate

Shows progress toward meeting expectations, but with errors or omissions

Does not attempt criterion 

17

Price Elasticity: Elastic or 

Inelastic

Determines if the price elasticity of demand is elastic or inelastic for the goods or services produced by the company

Shows progress toward meeting expectations, but with errors or omissions

Does not attempt criterion 

17

Price Elasticity: Total Revenue 

Explain how price elasticity of demand affects pricing decisions and total revenue of the selected firm and provides examples from research or the textbook to illustrate

Shows progress toward meeting expectations, but with errors or omissions

Does not attempt criterion 

17

Clear Communication 

Consistently and effectively communicates in an organized way to a specific audience

Shows progress toward meeting expectations, but communication is inconsistent or 

ineffective in a way that negatively impacts understanding

Shows no evidence of consistent, effective, or organized communication

5

Citations and Attributions 

Uses citations for ideas requiring attribution, with consistent minor errors

Uses citations for ideas requiring attribution, with major errors

Does not use citations for ideas requiring attribution

5

Total: 

100%

https://learn.snhu.edu/d2l/le/content/2074693/viewContent/44650923/View 2/2

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