@asdfman12</p>
man yeah that happened to me too. sucks :////</p>
yikes I thought FRQ#1 was super easy but I think I got 3-4 points off. Oh well.</p>
3 I thought was sub par, but according to the link I got all of the points. 2 I also thought was soso and I apparently got all of the points except 1. </p>
5 points off from the FRQ leaves me 10 to get wrong for the MC. <em>Please please please 1 time</em></p>
Those answers are not confirmed as far as I’m concerned. He is absolutely wrong about Deadweight loss. Lumpsums don’t effect prices and don’t effect deadweight loss.</p>
F (i) is also wrong. The marginal revenue does not equal the price. The marginal revenue is 12 dollars before the ceiling, so when the ceiling lowers the price two dollars it would be 10 dollars.</p>
SchieffenPlan had f(i) correct. The price ceiling of $22 acts like a horizontal demand curve, thus P=D=MR=AR until the price drops below $22.</p>
Ah that’s annoying.</p>
Forgive me for being ■■■■■■■■ compared to all of you ivy league wanna be’s 
(Just joking guys,) i’m sure i bombed the FRQ and standing borderline 2 or 3. but i need a 3 to get credit for Iowa. I wanna see how many points you guys think i would get for #2 and 3
#2
a ) i drew a correct graph
b)I think i put the MC curve shifted UPWARD, LOL, idk, i didnt study factor market in depth. I didn’t put the arrows pointing the shift…but yeah.
c) so i drew the graph, but i put it as like normal supply and demand graph where MFC slopes upward. I put Pe and Qe where the supply and demand meets, and the new one, i put the wage up, and just put the quanity where the price met demand curve. ( So i guess i just have the MFC graph in a wrong slope, would i miss all the points?)</p>
3.a) i didnt know the graph for the labor so i drew a supply and demand graph again, i thought demand was MPC and supply was MSC. …so i put 2 supply lines, the farther on the right one as equilibrium private cost, and the one left to that at equilibrium social cost. i also labeled the y axis PRICE LEVEl( iDK WHY) and i put deadweight loss in that triangle the shift of supply curves made.</p>
b) i said lump sum taxes gets rid of DWL becuase it shifts the supply curve to social optimum point? so that didnt make any sense im guessing.</p>
what do you think guys? just an estimate, this is apparently the answers sheet but idk if ill get any partial points, especially for 3
<a href=“http://i.imgur.com/l0DeG.jpg[/url]”>http://i.imgur.com/l0DeG.jpg</a></p>
![http://i.imgur.com/l0DeG.jpg[/url]](http://i.imgur.com/l0DeG.jpg%5B/url%5D){kind=link}
The MC curve DOES shift upward…</p>
Since lump Sum taxes are fixed costs, doesn’t that mean they don’t affect MC?</p>
man i either got a 3 or 4 on this shiz…<_< i really wanted national ap scholar as a soph. **** mang.</p>
Jdk, I said that it doesn’t affect deadweight loss because lump sum is fixed and therefore doesn’t affect MC</p>
@Schieffen, you can still get national AP scholar with one 4…
@persianprincess yea I think you’re right</p>
So I think I got all but 3b right, hopefully with my MC and maybe even a generous curve I can get a 5.</p>
@Schieffen, you can still get national AP scholar with one 4…
@appleandrice yea I think you’re right</p>