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AP Microeconomics in Action

Saint Andrew's student writing on the board.

In AP Microeconomics, students are exploring Market Structure Models with a focus on Perfect Competition. Using side-by-side graphs, they examine how firms make production decisions in the short and long run and how to illustrate a price-taking firm’s profit or loss.  Students are also learning entry criteria for new firms, key terms, and how perfect competition leads to long-run efficiency.

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