Ap governmet Study guides, Class notes & Summaries

Introduction to Microeconomics (ECON 101)1) The p rice elasticity of d emand is a u nits- free measu re of the responsiveness of A) p rice to chan ges in qu an tity d eman d ed B) qu antity d eman d ed to ch anges in th e p rice of a substitu te or comp lement C) qu antity d emand ed to chan ges in the p rice of the good D) qu antity d emand ed to chan ges in income E) none of the above. An sw er: C 2) If a 10 p ercent rise in price lead s to an 8 p ercent d ecline in qu antity d emand ed , the ...

All the court cases that may appear on the AP Government Exam along with their descriptions and outcomes.