AP微观经济学 2019年真题 附答案和评分标准 AP Microeconomics 2019 Real Exam with Answers and Scoring Guidelines.pdfVIP

2019 ® AP Microeconomics Free-Response Questions Set 1 © 2019 The College Board. College Board, Advanced Placement, AP, AP Central, and the acorn logo are registered trademarks of the College Board. Visit the College Board on the web: collegeboard.org. AP Central is the official online home for the AP Program: apcentral.collegeboard.org. 2019 AP® MICROECONOMICS FREE-RESPONSE QUESTIONS MICROECONOMICS Section II Total Time—1 hour Reading Period—10 minutes Writing Period—50 minutes Directions: You are advised to spend the first 10 minutes reading all of the questions and planning your answers. You will then have 50 minutes to answer all three of the following questions. You may begin writing your responses before the reading period is over. It is suggested that you spend approximately half your time on the first question and divide the remaining time equally between the next two questions. Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. Use a pen with black or dark blue ink. 1. As the only gas station in a small town, FillUp has a local monopoly on the sale of gasoline. FillUp is currently earning positive economic profit. (a) Draw a correctly labeled graph for FillUp and show each of the following. (i) FillUp’s profit-maximizing quantity, labeled QF (ii) FillUp’s profit-maximizing price, labeled PF (iii) The deadweight loss associated with FillUp’s profit-maximizing quantity, shaded completely (iv) The maximum quantity at which FillUp would earn zero economic profit, la