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It may not be real, but this is what a market economist's Utopia would look like.
Final Project- Powerpoint HelpFinal Project Link- http://ellamicro.weebly.com/index.htmlMR= MC is where you want to be final projectFocus Question: What can we learn from something that does not exist?-Key Concepts- Perfect Competition- Unit Notes
- Key Characteristics- price takers, homgenous goods, ease of entry, etc
- Price= Marginal Revenue= Demand
- Short and Long Run Profit
- Short and Long Run Losses
- Comparing Market and Firm Graphs
Graphs to Know- Short Run Profits
- Long Run Equilibrium
- Short and Long Run market response to changes in demand
Former AP Free Response Questions- 2011 Question #2
- 2011 (Form B) Question #1
- 2010#1
- 2008 #1
- 2006 #2
- 2006 (Form B)#2 and #3
- 2005 #1
- 2005 (Form B) #2
- 2003 #1 and #3
- 2003 (Form B) #3
Helpful Websites
http://www.youtube.com/watch?v=5c_dBgYMzCQ- Professorial Tutorialhttp://www.youtube.com/watch?v=8IDK_37fAMs MR= MC by the Gorillaz?http://www.youtube.com/watch?v=qaQRM6WIxpA&feature=related MR= MC in 90 secondshttp://www.csun.edu/~dgw61315/PTlect6y.pdf- college lecture notes.
Last Modified on March 25, 2015