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  3. AP Microeconomics CRAM – Market Structures & Equilibrium

ap microeconomics cram – market structures & equilibrium

originally streamed on March 21, 2021 with Hope MyersTeacher
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Review AP Microeconomics with this complete cram session covering supply and demand, market structures, factor markets, and market failures. Perfect for exam prep or reinforcing key concepts before test day. This session walks through the most impor ...more

covered in this stream

units
Unit 3 – Production, Cost, and the Perfect Competition Model
topics
3.5 Profit Maximization3.6 Firms' Short-Run Decisions to Produce and Long-Run Decisions to Enter or Exit a Market3.7 Perfect CompetitionAP Microeconomics Cram Unit 3.7AP Microeconomics Cram Unit 3.6

timestamps

  • 0:00

    Introduction and Welcome

  • 0:55

    Starting Unit 3.7

  • 2:02

    Overview of Week

  • 3:05

    Upcoming Events

  • 3:38

    Today's Lineup

  • 4:42

    Profit Maximization Review

  • 5:44

    Market Structures Intro

  • 6:47

    Perfect Competition Traits

  • 8:55

    Barriers to Entry

  • 12:34

    Firms as Price Takers

  • 13:37

    Supply and Demand Graph

  • 17:15

    Industry vs Firm Graphs

  • 20:23

    P Equals MR Equals AR

  • 21:59

    Cost Curves Explained

  • 25:19

    Profit Calculation Practice

  • 29:29

    Loss Scenario Practice

  • 32:40

    Demand Decrease Effects

  • 37:50

    Tax on Corn Impact

  • 42:32

    Short Run Definition

  • 46:43

    Long Run Equilibrium

  • 48:47

    Efficiency in Perfect Competition

  • 53:29

    Constant Cost Industry

  • 54:35

    Increasing Cost Industry

  • 57:12

    Q&A Session

  • 1:03:33

    Session Wrap Up

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Study Content & Tools

Study GuidesFRQs + AI ScoringAP Essay Grader for StudentsAI Grading for TeachersPractice QuestionsGlossaryScore Calculators

Company

What's New?PricingBulk DiscountsTestimonialsFAQsEmail us

Resources

AP Exam Schedule 2027AP Exam AccommodationsAP ClassesAP ClassroomEasiest AP ClassesHardest AP ClassesAP vs IBAP vs Dual EnrollmentAP vs Honors ClassesAP Scholar Awards

history

🌎 ap world history🇺🇸 ap us history🇪🇺 ap european history

social science

✊🏿 ap african american studies🗳️ ap comparative government🚜 ap human geography💶 ap macroeconomics🤑 ap microeconomics🧠 ap psychology👩🏾‍⚖️ ap us government

english & capstone

✍🏽 ap english language📚 ap english literature🔍 ap research💬 ap seminar

arts

🎨 ap art & design🖼️ ap art history🎵 ap music theory

science

🧬 ap biology🧪 ap chemistry♻️ ap environmental science🎡 ap physics 1🧲 ap physics 2💡 ap physics c: e&m⚙️ ap physics c: mechanics

math & computer science

🧮 ap calculus ab♾️ ap calculus bc📐 ap precalculus📊 ap statistics💻 ap computer science a⌨️ ap computer science p

world languages

🇨🇳 ap chinese🇫🇷 ap french🇩🇪 ap german🇮🇹 ap italian🇯🇵 ap japanese🏛️ ap latin🇪🇸 ap spanish language💃🏽 ap spanish literature

career kickstart

💼 ap business with personal finance🔒 ap cybersecurity

go beyond AP

high school exams

✏️ PSAT🎓 Digital SAT🎒 ACT

honors classes

🍬 honors algebra II🫀 honors anatomy🐇 honors biology👩🏽‍🔬 honors chemistry💲 honors economics📐 honors geometry⚾️ honors physics📏 honors pre-calculus📊 honors statistics🗳️ honors us government🇺🇸 honors us history🌎 honors world history

college classes

👩🏽‍🎤 arts👔 business🎤 communications🏗️ engineering📓 humanities➗ math🧑🏽‍🔬 science💶 social science

hs classes

🏛️ alabama history⛰️ appalachian studies🌴 california history🌍 earth science🌐 ethnic studies🐊 florida history🍑 georgia history🌎 global studies🌺 hawaiian studies📰 journalism🪶 native american studies🌵 new mexico history🤠 oklahoma history⚗️ physical science🎙️ speech and debate🤝 texas government🤠 texas history🌲 washington state history🕊️ world religions
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© 2026 Fiveable Inc. All rights reserved.

AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.