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AP Test Prep

2004 AP® Microeconomics Free-Response Questions Form B

Curated and Reviewed by Lesson Planet
This 2004 AP® Microeconomics Free-Response Questions Form B ap test prep also includes:

A company enjoys a monopoly. What happens to its profits when another firm introduces a similar product? Learners consider the case using questions from College Board. Other prompts include the effects of sales taxes and supply and demand curves.

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CCSS: Adaptable
Concepts
monopolies, revenue, profits, taxes, supply and demand, supply curves, microeconomics, test preparation
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Additional Tags
social studies
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Instructional Ideas
  • Use the resource to construct a review for the AP® exam
  • Modify or revise items to assist in content test preparation
Classroom Considerations
  • These are the free-response questions from the 2004 AP® microeconomics exam
Pros
  • Scoring rubrics simply feedback
  • Items are easy to replicate and adapt to lessons
Cons
  • None