ap_micro_2018_frq_scoring.pdf - 2018 AP Microeconomics Scoring Guidelines \u00a9 2018 The College Board College Board Advanced Placement Program AP AP

ap_micro_2018_frq_scoring.pdf - 2018 AP Microeconomics...

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AP Microeconomics Scoring Guidelines © 2018 The College Board. College Board, Advanced Placement Program, AP, AP Central, and the acorn logo are registered trademarks of the College Board. Visit the College Board on the Web: . AP Central is the official online home for the AP Program: apcentral.collegeboard.org 2018
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AP ® MICROECONOMICS 2018 SCORING GUIDELINES © 2018 The College Board. Visit the College Board on the Web: . Question 1 9 points (5 + 1 + 1 + 2) (a) 5 points: One point is earned for drawing a correctly labeled graph for a monopoly showing a downward sloping demand (D) curve with the marginal revenue (MR) curve below the demand curve. One point is earned for showing the marginal cost (MC) curve rising and passing through the minimum of the average total cost (ATC) curve. One point is earned for showing the profit-maximizing quantity, Q m , where MR = MC. One point is earned for showing the price, P m , from the demand curve at Q m .
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AP ® MICROECONOMICS 2018 SCORING GUIDELINES © 2018 The College Board. Visit the College Board on the Web: . Question 1 (continued) One point is earned for completely shading the area representing negative economic profit and showing the ATC curve above the demand curve for all quantities.
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