AP Economics – 11/19/19
I. Objectives
Construct, analyze, and Interpret graphs for perfectly competitive industries and firms demonstrating the long run and short run impact based upon changes in supply and demand
Construct, analyze, and interpret graphs for monopolies to determine the consumer surplus, producer surplus,and deadweight loss
Determine allocative and productive efficiency related toa perfectly competitive firm and monopoly.
II. Section 11 Exam
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