The Resource Market - Problem Set

The Resource Market - Problem Set
The Resource Market - Problem Set
The Resource Market - Problem Set
The Resource Market - Problem Set
The Resource Market - Problem Set
The Resource Market - Problem Set
The Resource Market - Problem Set
The Resource Market - Problem Set
Resource Type
Product Rating
File Type

Word Document File

Be sure that you have an application to open this file type before downloading and/or purchasing.

143 KB|10 pages
Share
Product Description
This assignment will allow students to practice concepts related to solving problems on the perfectly competitive resource market. There are four main problem sets that will prepare students to answer multiple choice questions and FRQs on the AP Microeconomics exam. Main concepts include: Marginal Revenue Product (MRP), Marginal Resource Cost (MRC), Marginal Physical Product (MPP), The Hiring Rule (MRP = MRC), Marginal Product of Labor (MPL), Perfectly Competitive Resource Market and Firm Graphs, The Law of Diminishing Marginal Returns, and more.

What's Included:
- 5 Page Problem Set
- 5 Page Answer Key
Total Pages
10 pages
Answer Key
Included
Teaching Duration
1 hour
Report this Resource
Loading...
$3.25
Digital Download
Teachers Pay Teachers

Teachers Pay Teachers is an online marketplace where teachers buy and sell original educational materials.

Learn More

Keep in Touch!

Sign Up