AP Economics
Economics isn’t just something you find in a textbook. It can be a potent tool to right past wrongs and improve people’s lives. - Janet Yellen
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Practice QuestionsSince we're missing some people today, I thought we would spend the day reviewing some old skills. Your AP Econ gift giving guide
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Your to-do listPlease access the notes and topic questions from Google Classroom for both Long Run Production Costs(3.3) and Types of Profit (3.4). Long-Run Production CostsThe Long-Run is all about scales: how much are we going to get back for increasing production. This is where we get our guidance about what to do to maximize benefits in the future. Types of ProfitJust when you think you're making a profit, you might not be. Let's check out Accounting and Economic Profit.
Unit 2 FRQ RedosHere is your opportunity to improve your grade on our Unit 2 exam. First, on the multiple choice section you will be able to retake that section of the exam. I will look to see which questions you have now answered correctly and provide you with 50% of the points you earn on this second round. The multiple choice retake is due before break. Second, for the FRQ section you will now retake that section of the exam with your classmates. You will submit one response to me as a class. I will then average your score with the one that your class receives. Please note, you cannot lose points on these activities; you can only gain them. Long-Run Production CostsThe Long-Run is all about scales: how much are we going to get back for increasing production. This is where we get our guidance about what to do to maximize benefits in the future.
Please grab the notes and the topic questions from Google Classroom. Your to-do list
Long-Run Production CostsThe Long-Run is all about scales: how much are we going to get back for increasing production. This is where we get our guidance about what to do to maximize benefits in the future.
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Short-Run Production Costs
There are all sorts of costs associated with running a firm. Today we'll learn about them, how to calculate them, and how they interact.
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The Production Function (3.1)
The Production Function is all about business and begins us on our journey to determine how much should be produced.
End of Unit 2 Survey
Please complete the End of Unit 2 Survey.
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GOOD LUCK! Your homeworkFor our next class, please upload a blank copy of the Unit 3 Study Guide from the Ultimate Review Packet to Google Classroom. This is simply to prove that you have downloaded it and can access it.
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