<p>I agree with all of brahms’s answers (:D), and for 2c all you had to do was the coefficient for the elasticity of demand which was:
[ΔP((Q1+Q2)/2)]/(ΔQ((P1+P2))/2]</p>
<p>Because what you got was less than 1, it was elastic. (x=1: unit elastic, x>1: inelastic)</p>
<p>does anyone know the curve for micro?</p>
<p>consolidated ap curves says 68 but is it higher now since 2005?</p>
<p>I agree with brahms, that is what i got.</p>
<p>Agree with brahms for everything. Although for 2C I just used the change in revenue definition for elasticity.</p>
<p>is 3B from brahms right?
any reasoning cuz lots of ppl seem to say south is dominant</p>
<p>I don’t think there was a dominant strategy in the matrix, if I remember correctly.</p>
<p>no there defintely wasnt any dominant strategy cuz it didnt have one consistent location that it would like to choose
it preferred north one time and south the other
so if i got all except a couple points on free response
how many would i need to get right on mc ro get a five?</p>
<p>For 2bii. I got 4 because they have to pay 2 dollars in taxes. </p>
<p>Also, for 1E.Demand is MSB and MC is MSC since it is a monopoly, and since market equilibrium always is allocatively effecient, MSB=MSC, I thought it would be the same. Idk, maybe I over thought this one, anyone see it this way as well?</p>
<p>And i got the same thing for everything else. For elasticity it was like 11/5 so it is clearly elastic since 11/5 > 1</p>
<p>But since it is seen as more benificial, MSB or the demand curve shifts to the right, increasing the quantity.</p>
<p>yeah but isn’t a positive externality a positive externality because people only take into effect their own private benefit and societies as a whole?</p>
<p>Agghh! Oh well, I got everything else so its cool :)</p>
<p>guys, I toke the Exam in Singapore, it’s Form B and the FRQ were harder than ur post in page 2, EMM, Did some guys also take it outside US?</p>
<p>and are you guys sure the tax revenue isnt $120
$2 tax x 60 quantity sold = $120?</p>
<p>I am pretty sure we stated that is was $120.</p>
<p>agree with brahms, except that producers keep $4, not $6</p>
<p>you don’t even need to make demand msb and supply msc… all you need to say is that since it’s a positive externality, it’s being underproduced… so the output needs to be larger.</p>
<p>This test was super easy. Definitely the easiest I’ve taken. Hopefully my score reflects the ease.</p>
<p>Anyone notice that this year’s Microecon test was almost identical to 2007’s? They seriously just changed some numbers for the game theory problem and inverted some of the questions (same scenario basically) in problem number 1. Luckily I was studying off of the 2007 version the night before =) I knew they wouldn’t put similar questions from '08 but they did from 07! :)</p>
<p><a href=“College Board - SAT, AP, College Search and Admission Tools”>College Board - SAT, AP, College Search and Admission Tools;
<p>anyone else notice? :</p>
<p>Yes. I was self-studying, so I kind of didn’t know how to prepare for the FRQ except through looking at past years’. Thankfully, I definitely practiced with the 2007 one… :D</p>