Uploaded May 2020 | Updated September 2026, 3 days ago
Although lock down and quarantine are new things, some basic concepts from microeconomics can help you understand what restaurants are going through. If you draw the basic costs curves (like marginal cost, average total cost, and average variable cost) you can predict what will happen with reopening and the shutdown rule.
This is a great review of basic introductory economics concepts and is great for reviewing the AP microeconomics free response questions (FRQ).
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Also look at Marginal Revolution University and Jacob Clifford's channel for more help with AP FRQs.
#APEcon
Although lock down and quarantine are new things, some basic concepts from microeconomics can help you understand what restaurants are going through. If you draw the basic costs curves (like marginal cost, average total cost, and average variable cost) you can predict what will happen with reopening and the shutdown rule.
This is a great review of basic introductory economics concepts and is great for reviewing the AP microeconomics free response questions (FRQ).
RECOMMENDED VIDEOS
Perfect Competition In Real Life youtu.be/Ipx_0kU-x84
Did Marvel and DC commit a crime together? youtu.be/2P4wRwp_E80
6 Biggest Lies About Majoring in Economics youtu.be/_qUbSBog_rw
Also look at Marginal Revolution University and Jacob Clifford's channel for more help with AP FRQs.
#APEcon
