Question 1
The graph shows a firm's short-run cost curves. Which statement about points A and B is correct?
Get ready for AP Microeconomics, one graph at a time.
Shift the curves in a free graph drill, find your weakest unit in an 18-minute test, then draw graphs and write free-response answers Mia marks point by point.
The only interactive course with a tutor that finds your weak spots and fixes them.
One payment in US dollars. Full refund within 14 days, for any reason.
Shift the curve, read the result
25 events in a market for a good, a labor market and a market with a fixed supply. Say which curve moves and what happens to price and quantity; the page redraws the graph and checks you.
Market for a good, event 1 of 14
Coffee is a normal good. Consumers' incomes rise.
Find your weakest unit in 18 minutes
15 questions across all six units, no account. You get your score in each unit, the one to fix first, a short lesson on it and four fresh questions to check it worked.
Two more free tools
Write a free-response answer, and Mia marks it
Answer a question in the exam's format, building each graph with the graph builder. Mia marks every point, quotes the words that earned it and shows a full-credit answer.
Plan 2027 by unit weight
Units are not worth the same: Production, Cost, and the Perfect Competition Model is 22–25% of Section I, Market Failure and the Role of Government 8–13%. Set your hours and how sure you are of each unit, and get a week-by-week plan to May 4.
The six units
The May 2027 exam: 60 multiple-choice questions in 70 minutes and 3 free-response questions in 60 minutes, on Tuesday, May 4, 2027.
Unit 1: Basic Economic Concepts
Scarcity, economic systems, the PPC, comparative advantage, cost-benefit analysis and consumer choice.
12–15% of Section I
Unit 2: Supply and Demand
Demand, supply, elasticity, consumer and producer surplus, price controls, taxes, subsidies and trade policy.
20–25% of Section I
Unit 3: Production, Cost, and the Perfect Competition Model
Production, short- and long-run costs, profit, the shutdown rule and perfect competition.
22–25% of Section I
Unit 4: Imperfect Competition
Monopoly, price discrimination, monopolistic competition, oligopoly and game theory.
15–22% of Section I
Unit 5: Factor Markets
Factor demand and supply, marginal revenue product, hiring rules and monopsony.
10–13% of Section I
Unit 6: Market Failure and the Role of Government
Efficiency, externalities, public goods, government intervention and inequality.
8–13% of Section I
Try four questions
Question 2
The graph shows a monopoly that can perfectly price discriminate. What is true of this outcome?
Question 3
A small landscaping firm hires workers in a perfectly competitive labor market where the wage is 18 dollars an hour. What is the firm's marginal resource cost (MRC) of hiring one more worker for an hour?
Question 4
Which of the following is the best example of a public good?
In the course
- 18 interactive lessons
- 247 practice questions
- 18 free-response questions marked by Mia
- 2 full practice exams
Guides and free tools
- The AP Microeconomics exam in 2027
- Is AP Microeconomics hard?
- AP Microeconomics pass rate and score distribution
- How much does the AP Microeconomics exam cost?
- AP Microeconomics free-response questions: how they are scored
- AP Microeconomics study planner for May 2027
- The AP Microeconomics graphs, with a free graph drill
- AP Microeconomics score calculator
- Taking AP Macroeconomics too? Macroeconomics Exam Prep
Microeconomics Genius Pro
US$49one payment
- 18 interactive lessons
- 247 practice questions
- 18 free-response questions marked point by point
- 2 full practice exams
Full refund within 14 days. Ask within 14 days of paying, for any reason. Our refund promise still applies after you start the course. The note under the pay button is about the separate legal right to cancel. Terms
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