New PDF release: AP Microeconomics, 2014-2015 Edition

By Eric Dodge

ISBN-10: 0071803157

ISBN-13: 9780071803151

Get prepared on your AP examination with this simple and easy-to-follow research advisor, up to date for the entire newest examination changes!

5 Steps to a five: AP Microeconomics positive aspects an efficient, 5-step plan to steer your coaching application and assist you construct the abilities, wisdom, and test-taking self belief you must be triumphant. This absolutely revised variation covers the most recent direction syllabus and gives version exams that replicate the most recent model of the exam.

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  • 5-Step Plan to an ideal five: 1. manage Your learn application 2. ensure Your attempt Readiness three. improve suggestions for achievement four. improve the data you must ranking excessive five. construct Your Test-Taking self belief
  • 2 entire perform AP Microeconomics checks
  • 3 separate plans to suit your research kind
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  • Savvy details on how checks are developed, scored, and used

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Additional info for AP Microeconomics, 2014-2015 Edition

Example text

_____ Carefully go over the Rapid Review sections of Chapters 9 to 11. _____ Continue to skim and highlight the Glossary at the end of the book. ) _____ Carefully go over the Rapid Review sections of Chapters 5 to 11. _____ Take Microeconomics Practice Exam 2. _____ Score yourself and analyze your errors. _____ Get a good night’s sleep before the exam. Fall asleep knowing that you are well prepared. GOOD LUCK ON THE TEST! 2 STEP Determine Your Test Readiness CHAPTER 3 Take the Diagnostic Exam This page intentionally left blank CHAPTER 3 Take the Diagnostic Exam IN THIS CHAPTER Summary: This chapter includes a diagnostic exam for microeconomics.

If the above firm were a monopsonist, the wage would be _________ and employment would be _________ the competitive outcome. (A) greater than; less than (B) less than; greater than (C) greater than; greater than (D) less than; less than (E) less than; the same as 28. Which of the following is the best example of a public good? (A) A visit to the orthodontist (B) A session at the tanning salon (C) A large pizza (D) A cup of coffee (E) The Hubble Space Telescope 29. A negative externality from the production of a good exists when (A) the market overallocates resources to the production of this good.

The market produces “too much” because these spillover costs are not reflected in the private (or market) supply curve. Resources are overallocated to the production of this good. 30. A—A progressive tax system means that higher levels of income pay higher proportions of their income to the tax collector. This system is designed to redistribute income from higher tax brackets to lower tax brackets. 30 › Step 2. Determine Your Test Readiness Scoring and Interpretation Now that you have completed the Diagnostic Exam and checked your answers, it is time to assess your knowledge and preparation.

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AP Microeconomics, 2014-2015 Edition by Eric Dodge

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