Two stores are trying to decide where to put their new location to maximize profit? Young economists evaluate the question using authentic materials from College Board. Other queries involve evaluating the effects of government subsidies on a fictional cable company and calculating variables in a supply and demand curve.

Concepts

microeconomics, business, competition, price elasticity, prices, consumers, profit, supply and demand

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Additional Tags

social studies

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Instructional Ideas

• Put class into teams to make recommendations for the case studies
• Use one or all the questions to review for the AP exam

Classroom Considerations

• Resource includes the free-response items from the 2009 AP® Microeconomics exam

Pros

• Answer keys and sample responses make it easy to give students feedback
  
• Case studies are relatable to real-world scenarios

Cons

• None

Common Core

RH.9-10.1 RH.9-10.2 RH.9-10.3 RH.9-10.10 RH.11-12.1 RH.11-12.2 RH.11-12.3 RH.11-12.10