Question 3 of 21 If there is no scarcity, how will the study of economics can still provide a valuable insight? (Explain) Answer with text and/or attachments: + Add attachmentsScoring Rubric CRITERIA 10 7 5 3 CONTENT Ideas are Very good Ideas are Ideas are Ideas exceptional. ideas are sound and somewhat presented are They are well- presented. solid. There is vague. Ideas are not sound at presented and They are some attempt not developed all. They lack a follow a logical detailed and to develop the logically. There logical development. are developed ideas in a is little evidence explanation. Arguments are rationally. rational and/or There are no ably supported They are manner. examples to examples or with specific supported However, prove one's specific facts, evidence with specific examples and arguments. evidence to and/or examples and evidences prove one's examples. evidence. presented are arguments. too general to prove one's point. ORGANIZATION The essay has The essay has The essay has The essay may The essay lacks complete parts complete parts complete lack an major parts. that contribute but some parts but the introduction or Some parts are to a clear arguments introduction a conclusion but confusing and understanding may benefit or the is still do not lead to of the from some conclusion understandable. a clear arguments improvement. does not serve Presentation of understanding presented. Coherent its purpose arguments lacks to the Coherence is essay but may Coherence is a logical follow arguments observed in not exactly okay but may through. Some presented. the essay. convey the benefit from words are Incoherent. writer's some revision. disconnected to message