Tackle the Test: Free-Response Questions

  1. Question

    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
    Tesla Motors makes sports cars powered by lithium batteries.

    Rubric for FRQ 1 (4 points)

    image

    1 point: Graph with “Price” or “P” on the vertical axis and “Quantity” or “Q” on the horizontal axis

    1 point: Positively-sloped curve labeled “Supply” or “S

    1 point: A second supply curve shown to the right of the original supply curve with a label such as S2 indicating that it is the new supply curve

    1 point: Correct explanation that the expectation of higher prices next month would lead to a decrease in the supply of Tesla cars this month because the company will want to sell more of its cars when the price is higher

  2. Question

    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
    Suppose AP® Economics students at your school offer tutoring services to students in regular economics courses.