🤑 ap microeconomics cram – production, costs & competition
originally streamed in 2024 with Matt ClineTeacher and Neshanth Kuppuswamy, Ava Winer, Ben Bubis, Cynthia Wang, Gaby Usvyat, and Cosette BurreseStudentscovered in this stream
timestamps
- 0:00
Welcome and Introductions
- 0:33
Audience Location Check
- 1:37
Community Agreements
- 2:39
Stream Reminders
- 5:14
Night Agenda Overview
- 6:51
Unit 3 Introduction
- 7:53
Production Function Basics
- 9:58
Marginal Cost Analysis
- 11:01
Shifts in Production
- 14:09
Types of Costs
- 17:18
Short vs Long Run
- 22:01
Diminishing Returns
- 28:14
Analyzing Short-Run Costs
- 32:55
Long-Run Cost Relationships
- 38:45
Cost Curve Acronyms
- 43:31
Economies of Scale
- 47:07
Practice FRQ 1
- 53:27
FRQ 1 Solutions
- 58:39
Types of Profit
- 1:03:50
First Break
- 1:15:25
Profit Maximization Strategies
- 1:19:04
Shutdown Decisions
- 1:27:27
Practice FRQ 2
- 1:30:36
FRQ 2 Solutions
- 1:39:28
Operational Decisions
- 1:44:16
Side-by-Side Graphs
- 1:50:01
Second Break
- 1:57:27
Perfect Competition Characteristics
- 2:01:06
Efficiency in Competition
- 2:05:55
Practice FRQ 3
- 2:10:40
FRQ 3 Solutions
- 2:24:48
Cram Quiz Start
- 2:56:06
Quiz Wrap-Up
- 2:58:09
Session Conclusion
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