AP Microeconomics Crash Course
REA?s AP Microeconomics Crash Course - Gets You a Higher Advanced Placement Score in Less Time REA?s Crash Course is perfect for the time-crunched student, the last-minute studier, or anyone who wants a refresher on the subject. Are you crunched for time? Have you started studying for your AP Microeconomics exam yet? How will you memorize everything you need to know before the test? Do you wish there was a fast and easy way to study for the exam AND boost your score? If this sounds like you, don?t panic. REA?s AP Microeconomics Crash Course is just what you need. Our Crash Course gives you: Targeted, Focused Review? Study Only What You Need to Know The Crash Course is based on an in-depth analysis of the AP Microeconomics course description outline and actual AP test questions. It covers only the information tested on the exam, so you can make the most of your valuable study time. Our easy-to-read format gives you a Crash Course in basic economic concepts, consumer choice theory, supply and demand, production and costs, and more. The author also includes must-know key terms all AP students should know before test day. Expert Test-taking Strategies Our experienced AP Microeconomics teacher shares detailed question-level strategies and explains the best way to answer the multiple-choice and free-response questions you?ll encounter on test day. By following our expert tips and advice, you can boost your overall point score! Take REA?s Online Practice Exam After studying the material in the Crash Course, go online and test what you?ve learned. Our free practice exam features timed testing, diagnostic feedback, detailed explanations of answers, and automatic scoring analysis. The exam is balanced to include every topic and type of question found on the actual AP exam, so you know you?re studying the smart way. Whether you?re cramming for the test at the last minute, looking for extra review, or want to study on your own in preparation for the exam? this is one study guide every AP Microeconomics student must have. When it?s crucial crunch time and your Advanced Placement exam is just around the corner, you need REA?s AP Microeconomics Crash Course.
additional unit allocatively efficient answer AP Microeconomics exam ATC D MC AVC ATC average total cost change in price change in quantity change in total Competitive Firm Consumer Surplus cost of producing deadweight loss decrease demand curve dominant strategy economic profit Effective Price equal example factor market factors of production farmer firm produces firm’s fixed cost free-response section Gini Coefficient income increase industry inelastic input labor lemons long run Lorenz Curve marginal cost marginal product marginal revenue marginal utility market price maximize profit MC Q monopolistic competition monopsony Natural Monopoly negative externality normal profit oligopoly opportunity cost oranges percentage change perfect competition perfectly-competitive positive externality price and quantity price ceiling price elasticity price floor producer surplus productively efficient quantity demanded quantity supplied short run supply curve Test Test Tip Test Tip Tip total product total revenue variable cost workers