OR Response provides a limited explanation of two characteristics for at least one culture. OR Response provides a minimal explanation with inadequate detail of two characteristics for at least one culture 0 Response is incorrect or irrelevant. Open Response Question 13 Imagine that the United States Post Office issued a 33-cent stamp to honor Willie Wells' election to the National Baseball Hall of Fame. The first 50,000 from the several million stamps issued by the Post Office contained a spelling error. Explain in economic terms why the value of the stamps increased.
Response demonstrates a thorough understanding of supply and demand.
3 Response provides a general explanation with some detail about why the value of the stamps has increased. Response demonstrates an adequate understanding of supply and demand. 2 Response provides limited explanation about why the value of stamps has increased. Response demonstrates a limited understanding of supply and demand with few details. 1 Response provides minimal explanation about why the value of stamps has increased.