Session Date
Lesson Topic
AP Final Review
Lesson Outline
We did problems from her AP Final Review including monopsony, monopsonistic labor market, finding the number of workers and wage rate on a factor cost graph, marginal product of labor, profit maximizing level of labor and output, the Gini Coefficient and how to interpret it, monopolistically competitive firms, perfectly competitive increasing-cost industry, producer surplus, interpreting the graph of a monopolistic market or a monopolistically competitive market, economic rent, cartel, short-run and long-run equilibrium, game theory application, comparative advantage, determining which part of the marginal cost curve lies on the short-run supply curve, etc.
Session Minutes
120
Minutes Student Attended
120
Session Hours
2.00
Hours Attended
2.00
Entry Status
Review Status
Student Name(s)