Tuesday, March 3, 2015

AIS Market Failure Lesson #2

AIS Market Failure Lesson #2


Lesson 2: Externalities
Negative Production Externality
Positive Production Externality
Impact & Solution
Problem


Homework (Watch Videos & do the 2011B FRQ #2)
Welker - video
·      Market Failure – Negative Externality of Consumption


·      Market Failure – Positive Externality of Consumption



Waugh –  DUE Thursday 2011B FRQ #2 (Complete and have in class on Thursday)
AP Central - FRQ - 2011B FRQ #2

AP Central - FRQ - Answer - 2011B FRQ #2 Answer



AIS Resource Costs (Labor) Lesson #2


    AIS Resource Costs (Labor) Lesson #2

     mjmfoodie - video
ACDC - video
Monopsony  (Monopoly in the labor market)




    Reffonomics  - website - link (Do look at this link!!!)
    MRP = MRC
   

   AP Central FRQ Questions 1-3 (Bring to class,, completed)
    2008B FRQ#3
   AP Central Answer to 2008B FRQ#3
   ACDC - Video - on 2008B FRQ#3