Fiveable
🤑AP Microeconomics
​

🤑AP Microeconomics

FRQ 1 – Long
​
Unit 1: Basic Economic Concepts
​
FRQ Types & Units

Each FRQ type tests specific skills taught in particular units. Here's why certain units appear for each question type:

This mapping reflects College Board's exam structure - each FRQ type tests specific skills that are taught in particular units.

Practice FRQ 1 of 191/19

1. Assume that the country of Novania produces only two goods: electric vehicles and wheat. The available resources in Novania are not equally adaptable to the production of both goods.

A.

Draw a correctly labeled graph of the production possibilities curve (PPC) for Novania and show each of the following.

i.

The axes labeled Electric Vehicles and Wheat

ii.

The curve, drawn concave to the origin

iii.

A point labeled A, representing an efficient level of production

iv.

A point labeled B, representing an inefficient level of production

B.

Assume that a new technology is developed in Novania that improves the efficiency of producing electric vehicles but has no effect on wheat production. On your graph in part A, show the effect of the new technology.

Table 1

Country

Hours to Produce 1 Electric Vehicle

Hours to Produce 1 Bushel of Wheat

Novania

10

2

Ruritania

15

5

C.

Now assume that Novania trades with a neighboring country, Ruritania. The data in Table 1 shows the number of labor hours required to produce one unit of each good in both countries.

i.

Calculate the opportunity cost of producing one electric vehicle in Novania. Show your work.

ii.

Which country has an absolute advantage in the production of wheat? Explain.

D.

Which country has a comparative advantage in the production of electric vehicles? Explain.

E.
i.

Identify a specific number of bushels of wheat that could be traded for one electric vehicle that would be mutually beneficial for both Novania and Ruritania.

ii.

If Ruritania specializes according to its comparative advantage and trades with Novania, will Ruritania's consumption of electric vehicles and wheat lie inside, on, or outside its production possibilities curve? Explain.

Required Graph Drawing

Pep

essential ap study content awaits..

Features
Testimonials
Testimonials
start studying →
FRQ Directions
Free Response Question Practice

This practice environment simulates the AP AP Microeconomics Free Response Questions section. Here are some guidelines:

  • Read each question carefullybefore responding. Pay attention to command verbs like "identify," "explain," "analyze," or "evaluate."
  • Use the timer to practice time management. You can pause, restart, or hide the timer as needed.
  • Mark for Review if you want to come back to a question later.
  • Your responses are saved automatically as you type. You can also use the drawing tool for questions that require diagrams or graphs.
  • Use the toolbar for formatting options like bold, italic, subscript, and superscript.
  • Navigate between questions using the Previous and Next buttons at the bottom of the screen.

Tip: Answer all parts of each question. Partial credit is often available, so even if you are unsure, provide what you know.