MIcro unit 3:

Production, Cost, and the Perfect Competition Model

MI.3.1: The Production Function

MI.3.2: Short-Run Production Costs

MI.3.3: Long-Run Production Costs

MI.3.4: Types of Profit

MI.3.5: Profit Maximization

MI.3.6: Firms' Short-Run Decisions to Produce and Long-Run Decisions to Enter or Exit a Market

MI.3.7: Perfect Competition

UNIT VIDEOS

UNIT READINGS

UNIT PRACTICE

Multiple Choice Questions | FiveableHow well have you learned about Production, Cost, and the Perfect Competition Model? Practice questions to help you check your progress for AP Macro Unit 3 ✅

Albert | Learn by doing | Grades 5-12 reading, writing, math, science, and test prepAlbert provides students with personalized learning experiences in core academic areas while providing educators with actionable data. Leverage world-class, standards aligned practice content for AP, Common Core, NGSS, SAT, ACT, and more.

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