FRQ solutions for practice questions

1 a) neither because the same number of units can be produced by both

b) Teckana because their opportunity cost is lower

c) yes.  Teckana could only get 4 clothing for 1 food before trade but now gets 5.  Marland used to give up 6 clothing for 1 food but only has to give up 5 with trade.

d)

2) a) no, not possible, not enough income

b) 4 snacks and 3 movies; marginal utility per dollar on last unit of each bought is 2.4

c) 174 utils by adding up the marginal utilities

d) 1. no effect on marginal utility per dollar

2. 1 more movie ticket because it increases her total utility more

Monday morning

Login to CTLS and join the live session for your class.  Start times of class periods are listed below.  1st and 3rd AP students you can login to AP Government or AP Microeconomics and Coach Gross and I will get you split up properly.  2nd Period we are doing government the first half of the semester so login to Honors American Government for 2nd Period.  ctlslearn.cobbk12.org

1st 8:00 AM

2nd 9:20 AM

3rd 10:40

4th 12:20

 

More information can be found below.

http://www.harrisonhigh.org/Remote-Learning-Information

 

Please join the Remind for Your Class

Hello and welcome to the new school year.  Please join your class on Remind.  If there are issues with CTLS you’ll check the blog and I’ll also message other plans through Remind.

Please make sure you select the correct class below and use your first and last name.  Thank you.

1st Period AP Microeconomics:  text 8dh8dc7 to 81010

3rd Period AP Microeconomics:  text f9d3c3 to 81010

2nd Period Honors Government/Economics:  text 66dd32 to 81010

AP Microeconomics Last Week

  1. AP Micro test is Wednesday at 4 PM.  Hopefully AP Testing has gone smoothly so far.  Make sure you refer to e-mails from College Board and you’re all set to go on Wednesday.  Have scratch paper and a simple 4 function calculator ready.  I will share this e-mail with you as it sounds like some students have had issues submitting their responses so read through it so you’re prepared.  ap exam info
  2. Zoom meeting Tuesday at 11 AM.  We’ll go over some of the practice assignments you’ve been working on.  Zoom codes will be sent through the Remind.  You can still join.  Scroll down and find the join codes.
  3. If you didn’t attend the Zoom review sessions the PowerPoints from those are on the blog for each of the 5 units that will be tested.  Go back through these.
  4. Practice working FRQs.  Starting with the ones I provided last week with solutions on the blog should expose you to a majority of the content.  You can also go into AP Classroom and find a number of practice questions.  College Board also provides these as practice:  https://apcentral.collegeboard.org/pdf/ap-2020exam-sample-questions-microeconomics.pdf  After that, go to this link and you can work as many previous FRQs as you like and check your work with the rubrics.      https://apcentral.collegeboard.org/courses/ap-microeconomics/exam
  5. Unit 6 will not be covered on the exam.  This was the one we started after our last test before we left the building.  It includes things like externalities, income inequality, public and private goods.  If you see these on FRQs you’re practicing don’t worry about them.  Remember also the micro test doesn’t include macro or personal finance stuff that we learned in the YouTube videos I made.
  6. If you are taking the AP Macro exam, refer to the tab at the top of the blog called AP Macroeconomics Resources.