🤑AP Microeconomics Review
Unit 2 Part 1: Supply, Demand, and Elasticity
Unit 2 Part 1: Supply, Demand, and Elasticity
Written by the Fiveable Content Team • Last updated August 2025
Verified for the 2026 exam
Verified for the 2026 exam•Written by the Fiveable Content Team • Last updated August 2025
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In this review, Shriya discusses the laws of supply and demand and how at equilibrium they determine how a market functions. She also goes into shifting supply and demand and how elasticity impacts changes in quantity and price within a market.