3.11 Oligopoly - Below are two FRQ questions taken from actual AP Exams Your assignment is to read the questions and in a word document score the sample

3.11 Oligopoly - Below are two FRQ questions taken from...

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Below are two FRQ questions taken from actual AP Exams. Your assignment is to read the questions, and, in a word document, score the sample student response. Make sure you clearly label each part of the question and the points you are awarding. The grading rubric has been provided for you to determine the value of each part of each question. Submit your scores and any rationale (explanation) to your instructor in the 03.11 Oligopoly. FRQ #1 3/6 Points 1) 2/2 - 1 Point: Stating that north will be better for Blue Mart. - 1 Point: Explaining that Blue Mart earns a higher profit by locating north than it does by locating south ($4,000 versus $1,000) 2) 0/1 - Lost 2 Points: Because student answer stated that the Red Shop choosing south is a dominant strategy. But it’s not. Choosing south is not a dominant strategy for Red shop because if Blue Mart chooses south, Red Shop is better off choosing north. Student answer is incorrect 3) 0/1 - Lost 1 Point: Red Shop should choose south and Blue Mart should choose north
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