This exam received grade B with the following grade justification:
Dear Student,

As noted in our post on Itslearning, each exam was independently evaluated by two graders, and your final score reflects the average of their assessments.
In your case, the two graders provided similar evaluations (B), based on the following breakdown and justifications:

Question Points % complete Justification
1a 15 40% Your answer addressed only 1 condition for negative share–profit

This exam received grade B with the following grade justification:
Dear Student,

As noted in our post on Itslearning, each exam was independently evaluated by two graders, and your final score reflects the average of their assessments.
In your case, the two graders provided similar evaluations (B), based on the following breakdown and justifications:

Question Points % complete Justification
1a 15 40% Your answer addressed only 1 condition for negative share–profit elasticity, as outlined in Bhattacharya et al. (2022) (Please see the guideline).
1b 15 80% Your responses contained reasonably good arguments, qualifying for an 80% score.
2a 5 100% You demonstrate a solid understanding of the core concepts presented in Molnár et al. (2019).
2b 10 100% You demonstrate a solid understanding of the core concepts presented in Molnár et al. (2019).
2c 5 100% You demonstrate a solid understanding of the core concepts presented in Molnár et al. (2019).
3a 9 60% The Hausman test was not interpreted. (Please see the guideline)
3b 16 60% Due to the lack of the Hausman test interpretation, your argument in this answer is relatively weak - However, your elaborations still qualify as 60% score (Please see the guideline)
4a 10 100% You have relatively good arguments that qualify for 100% points.
4b 15 60% Your suggested solution seems to be against your analysis in 4a, where the increase efforts might not be worth the increase in net margin (Please see the guideline)