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

Jamez

07 Nov 2025 • 3 min read

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

ECO 201 Module Three Checkpoint Assignment Guidelines and Rubric

Directions

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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