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AP Test Prep

2003 AP® Microeconomics Free-Response Questions

Curated and Reviewed by Lesson Planet
This 2003 AP® Microeconomics Free-Response Questions ap test prep also includes:

A company producing smoke alarms has a monopoly. However, what factors influence its profit and production? A series of prompts from College Board asks learners to consider the impact. Other practice problems include examining what influences labor markets and supply and demand curves.

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CCSS: Adaptable
Concepts
monopolies, profit, labor, markets, government regulation, microeconomics, test preparation, supply and demand, supply curves
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Additional Tags
social studies
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Instructional Ideas
  • Use all or part of the resource to create a review for the AP® exam
  • Model additional practice sets off questions to reinforce instruction
Classroom Considerations
  • Features free response questions from the 2003 AP® exam in microeconomics
Pros
  • Scoring materials make giving feedback easy and consistent
  • Items are easy to replicate for additional practice
Cons
  • Due to age of items, teachers may need to adjust to account for AP® exam revisions