jagomart
digital resources
picture1_Comparative Advantage Theory Pdf 126738 | Ap16 Macroeconomics Q3


 152x       Filetype PDF       File size 1.19 MB       Source: secure-media.collegeboard.org


File: Comparative Advantage Theory Pdf 126738 | Ap16 Macroeconomics Q3
ap macroeconomics 2016 scoring guidelines question 3 5 points 1 1 2 1 a 1 point one point is earned for stating that john has the absolute advantage in producing ...

icon picture PDF Filetype PDF | Posted on 12 Oct 2022 | 3 years ago
Partial capture of text on file.
                                                           ®
                                                      AP  MACROECONOMICS 
                                                    2016 SCORING GUIDELINES  
               
                                                                    Question 3 
               
              5 points (1+1+2+1) 
               
              (a)  1 point: 
                  •    One point is earned for stating that John has the absolute advantage in producing donuts and for 
                       explaining that John can produce more donuts than Erica in one day (200>150).   
               
              (b)  1 point: 
                  •    One point is earned for stating that Erica has a comparative advantage in producing donuts and for 
                       explaining that Erica’s opportunity cost of producing one donut (1/3 of a cupcake) is less than 
                       John’s opportunity cost of producing one donut (1/2 of a cupcake). 
               
              (c)  2 points: 
                  •    One point is earned for indicating that John will benefit from specialization and trade.  
                  •    One point is earned for indicating that Erica will not benefit from specialization and trade. 
               
               
               
              (d)  1 point: 
                  •    One point is earned for drawing a correctly labeled graph of Erica’s production possibilities curve, 
                       before the technology change, and for rotating the production possibilities curve outward showing 
                       greater production of cupcakes after the technology change.    
               
                                                                           
                                                                           
                                                             © 2016 The College Board.  
                                                Visit the College Board on the Web: www.collegeboard.org. 
                                                                             
                             © 2016 The College Board.
                      Visit the College Board on the Web: www.collegeboard.org.
                             © 2016 The College Board.
                      Visit the College Board on the Web: www.collegeboard.org.
                             © 2016 The College Board.
                      Visit the College Board on the Web: www.collegeboard.org.
The words contained in this file might help you see if this file matches what you are looking for:

...Ap macroeconomics scoring guidelines question points a point one is earned for stating that john has the absolute advantage in producing donuts and explaining can produce more than erica day b comparative s opportunity cost of donut cupcake less c indicating will benefit from specialization trade not d drawing correctly labeled graph production possibilities curve before technology change rotating outward showing greater cupcakes after college board visit on web www collegeboard org...

no reviews yet
Please Login to review.