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  • AP Microeconomics 2.3 Equilibrium Graphing Assignment

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    This document provides instructions for a 3-part equilibrium graphing assignment in AP Microeconomics. Students are asked to draw and label supply and demand graphs, show any curve shifts, explain the determinant for the shift, and describe the new price and equilibrium for: 1) the market for milk after the price of cookies (a complement) increases, 2) the market for tin, and 3) the market for cookies. The assignment is out of 12 total points and can be completed using drawing tools in Word or by hand.

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    This document provides instructions for a 3-part equilibrium graphing assignment in AP Microeconomics. Students are asked to draw and label supply and demand graphs, show any curve shifts, explain the determinant for the shift, and describe the new price and equilibrium for: 1) the market for milk after the price of cookies (a complement) increases, 2) the market for tin, and 3) the market for cookies. The assignment is out of 12 total points and can be completed using drawing tools in Word or by hand.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
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    253 views1 page

    AP Microeconomics 2.3 Equilibrium Graphing Assignment

    Uploaded by

    musicotic
    This document provides instructions for a 3-part equilibrium graphing assignment in AP Microeconomics. Students are asked to draw and label supply and demand graphs, show any curve shifts, explain the determinant for the shift, and describe the new price and equilibrium for: 1) the market for milk after the price of cookies (a complement) increases, 2) the market for tin, and 3) the market for cookies. The assignment is out of 12 total points and can be completed using drawing tools in Word or by hand.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as doc, pdf, or txt
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    AP Microeconomics

    2.3 Equilibrium Graphing Assignment

    An entire city likes milk and coffee equally well. Milk is packaged in cardboard cartons. Coffee is
    packaged in tin cans. Yesterday the price of cookies, a complement to milk, increased in price. You can
    complete the assignment in this document, using the drawing tools in Word (or any photo editing
    program) or print this document, and complete the activity by hand, submitting a scan or photo of your
    work. This assignment will be graded out of 12 points, as described below.

    For each question below:


     Draw and label a supply and demand graph (1 point)
     Show any curve shifts (1 point)
     Explain the determinant for the shift (1 point)
     Describe what happened to the new market price and equilibrium (1 point)

    1) What will happen to the market for milk?

    2) What will happen to the market for Tin?

    3) What will happen to the market for cookies?

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