Table 3 Factors for determining the relative-value of an object
From: I-SLATE: designing a culturally relevant framework for authentic learning
Attribute (linguistic variable) | Linguistic values | Weight | Notes |
|---|---|---|---|
Supply | high, moderate, low | 0.5 | This affects the relative cost of a particular artifact/object. |
Demand | high, moderate, low | 0.3 | This affects the relative cost of a particular artifact/object |
Quality | high, moderate, low | 0.3 | Grading value related to quality. |
Route-difficulty | very low, low, moderate, high, very high | 0.2 | An item of trade may have to be transported from point A to point B which can also be a determinant of its relative value. The more difficult the route, the higher the relative value. |