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AP Microeconomics Practice Exercise Pure Monopoly Units FC VC TC 0 AFC AVC 60 ATC MC 0 45 85 120 150 185 225 270 325
AP Microeconomics Practice Exercise Pure Monopoly Units FC VC TC 0 AFC AVC 60 ATC MC 0 45 85 120 150 185 225 270 325 390 10 465 PRICE QUANTITY TOTAL MARGINAL DEMANDED REVENUE REVENUE 115 0 100 83 2 71 3 63 4 55 5 48 6 42 37 8 33 CO 29 10 1. Complete each table. 2. Graph ATC, MC, AR, MR (All on one graph) 3. Follow the 8 steps that included on the back of this worksheet. ***IMPORTANT THINGS TO REMEMBER*** a. Price = AR = Demand b. The MC curve is = Supply c. Be neat with your graph and the plotting of points. If the lines do not appear to be "smooth", you've likely made a mistake in your math, or you have plotted the incorrect point. d. Make your graphs colorful
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