Download e-book for iPad: 500 Must-Know AP Microeconomics/Macroeconomics Questions by Brian Reddington

By Brian Reddington

ISBN-10: 0071774505

ISBN-13: 9780071774505

Organized for simple reference and the most important perform, insurance of the entire crucial subject matters offered as 500 AP-style questions with distinct resolution explanations

5 Steps to a five: 500 AP Microeconomics/Macroeconomics inquiries to be aware of by means of attempt Day is customized to satisfy your learn needs—whether you could have left it to the final minute to organize otherwise you were learning for months. you are going to reap the benefits of going over the questions written to parallel the subject, structure, and measure of hassle of the questions inside the AP examination, observed through solutions with entire explanations.


  • 500 AP-style questions and solutions referenced to center AP materials
  • Review factors for correct and mistaken answers
  • Additional on-line practice
  • Close simulations of the genuine AP exams
  • Updated fabric displays the newest tests
  • Online perform workouts
  • Show description

    Read Online or Download 500 Must-Know AP Microeconomics/Macroeconomics Questions PDF

    Similar microeconomics books

    Download e-book for iPad: Moving Beyond Storytelling: Emerging Research in by Todd A. Watkins, Karen Hicks

    Regardless of the promise for foreign improvement, regardless of the confirmed music list of outstanding personal loan reimbursement premiums, and regardless of the advance of aggressive markets in international locations like Bolivia, Peru and Bangladesh or the worldwide enlargement of microfinance entry to millions of latest consumers, little learn has explored the influence this enlargement has had on international poverty and financial and social improvement regularly.

    Download e-book for iPad: Economies of scale in manufacturing location: Theory and by G.A. Carlino

    The examine suggested during this ebook all started as a part of a Ph. D. dissertation submitted to the collage of Pittsburgh in 1976. Revisions have been accomp­ lished at Florida foreign college in Miami. there were many folks who have been instrumental within the formation and of entirety of this examine. The contributions made through Jack Ochs are a ways too a number of to say.

    Download PDF by R. Salehnejad: Rationality, bounded rationality and microfoundations:

    This publication demanding situations the widely permitted theories of classical economics, explaining why the anticipated application thought, no matter if it have been real, fails to be of a lot assist in fixing fiscal controversies.

    New PDF release: Macroeconomics, Trade, and Social Welfare

    This e-book develops new, unique equipment of welfare comparability and comparative dynamics among precise and discretely located (rather than constantly similar) socioeconomic events. those tools will not be simply reasonable but additionally super correct to severe financial difficulties. utilizing them, the e-book sheds illuminating new mild at the theoretical research of Keynesian economics and different very important problems with political economic climate.

    Additional resources for 500 Must-Know AP Microeconomics/Macroeconomics Questions

    Example text

    If Danielle earned an accounting profit of $60,000 last year, what was her economic profit? (A) $10,000 (B) $7,000 (C) $13,000 (D) $60,000 (E) $57,000 130. Firm X decides to shut down production in the short run where its costs would be (A) AVC only (B) AVC and TFC only (C) TFC only (D) zero (E) none of the above 131. If a monopoly and a perfect competition have the same costs, the monopoly will always (A) charge a lesser price than the perfect competition (B) produce the same quantity as the perfect competition (C) charge a higher price than the perfect competition and produce less (D) charge a higher price than the perfect competition and produce more (E) none of the above 132.

    E) None of the above 124. Cartels are an example of (A) a perfect competition (B) a monopolistic competition (C) collusive pricing (D) the best way to use dominant strategy (E) the prisoner’s dilemma 125. Few large producers, barriers to entry, and mutual interdependence are characteristics of a(n) (A) perfect competition (B) monopolistic competition (C) oligopoly (D) monopoly (E) natural monopoly 126. Why is the demand for fruit less price elastic than the demand for a boat? (A) Consumption of fruit is greater.

    What must be done to ensure an efficient output is achieved? (A) Regulate the natural monopoly to the point where P < MC (B) Regulate the natural monopoly to the point where P > MC (C) Regulate the natural monopoly to the point where P = MC (D) Regulate the natural monopoly to the point where P > TFC (E) None of the above 143. Marginal utility refers to (A) the change in total utility as a result of the consumption of an additional unit of a good (B) the change in a firm’s total cost from hiring an additional unit of labor (C) the change in saving caused by change in disposable income (D) the additional cost of production for one more unit of output (E) the additional benefit received from the consumption of the next unit of a good 144.

    Download PDF sample

    500 Must-Know AP Microeconomics/Macroeconomics Questions by Brian Reddington

    by Edward

    Rated 5.00 of 5 – based on 30 votes