Скачать или смотреть Monopoly (2012 # 1)

This video lesson is from the 2012 AP Microeconomics Exam. This video is designed for students to practice the question to enhance their content knowledge on monopolies, and as a resource for teachers to use in their classroom. There is no audio in this video lesson, just a continuous video of the questions and answers. The overall objective is for students to pause the video, answer the questions, and play the video to see if they get the questions correct. This is where teachers can explain why the answer is correct to their students if needed. I hope you find this video lesson helpful.

This question assessed students’ ability to work with the standard monopoly model. It tested for an understanding of how monopolists establish price and quantity, how losses are identified, and how the allocatively efficient quantity is determined. The question also assessed whether students knew the effect of a per-unit subsidy on quantity and consumer surplus, and the effect of a lump-sum subsidy on deadweight loss and economic losses.