Here is a practice FRQ from the 2005 AP Micro exam. Try it on your own and then go over the answers. Good luck. Get the Ultimate Review Packet Macroeconomics Videos Microeconomics Videos Watch Econmovies Follow me on Twitter.
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Free Response Practice: Cost Curves- Microeconomics Unit 3
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Free Response Practice: Cost Curves- Microeconomics Unit 3
unit 3 finance exam
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17 comments
so helpful
Hi Jacob. I really enjoyed your lessons, and they have helped me a lot. I have this quiz, which I think is impossible to answer, so maybe you can help me with it? Thank you so much.
Nicole owns a small pottery factory. She can make 1,000 pieces of pottery per year and sell them for €100 each. It costs Nicole €20,000 for the raw materials to produce the 1,000 pieces of pottery. She has invested €100,000 in her factory and equipment: €50,000 from her savings and €50,000 borrowed at 10 percent (assume that she could have loaned her money out at 10 percent, too). Nicole can work at a competing pottery factory for €40,000 per year. The economic profit at Nicole's pottery factory is
a. €80,000.
b. €30,000.
c. €75,000.
d. €70,000.
e. €35,000.
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literally hit like on all your videos.. hope youtube pays!!
You need to stand more so we can see the beautiful belt. Kind regards from Iceland
thanks to you i got a 95 on my test. you are the reason i am doing well in econ. Thank You so much! Keep up the great work
any idea if the econs im learning here is the same im taking for my UOL intro to econs paper? I'm not sure if i should make a purchase of the ACDC review pack.
sir I need help in capital budgeting topics…could u Please explain those concepts?…and I extremely love your work!
my college lecturer sucks when he attend classes thanks to u sir you rocked and i passed my exam eco. exam thanks a lot
Jacob, your videos are incredible, fun and helpful. A random question, but do you use green screen for all your videos, even the ones with grey background?
You do a great job in those Videos. They really help allot getting this dry material in my head
Loved your explanations. Straight to the point, didn't gloss through the basics overmuch while using them to explain the basis of the answers. Thank you!!
this was on my testtttt
This is the best! I only discovered this channel three days ago and have watched (and studied) every video relating to the education of Micro-economics
thanks James you have made economics easy
I owe u for helping me in my econ module without ur vids I would of got 0
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