AP Micro Unit 6 Review

Flashcard
•
Social Studies
•
11th - 12th Grade
•
Easy
Wayground Content
Used 2+ times
FREE Resource
Student preview

26 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Why are antitrust laws used by governments?
Back
To prevent monopolies from forming and to ensure fair market standards
2.
FLASHCARD QUESTION
Front
A good that is excludable to other consumers and rivals is known as a
Back
private good
3.
FLASHCARD QUESTION
Front
If the US government increases a tax to help redistribute income from the wealthy to the poor, it is following a
Back
Progressive tax system
4.
FLASHCARD QUESTION
Front
A negative externality will exist when
Back
Spillover costs are given to others not directly involved in the consumption or production of a service
5.
FLASHCARD QUESTION
Front
A positive externality will exist when
Back
The production of a good or service creates a spillover beneift
6.
FLASHCARD QUESTION
Front
If firms overproduce a good or service and charge a price that is too low, it is likely that
Back
A negative externality exists
7.
FLASHCARD QUESTION
Front
A coal company has had a record breaking quarter while operating in Indiana. Which of the following would be an example of a negative externality of production? The company deciding to hire additional employees, The company's factories causing environmental harm, The company paying higher taxes because of an additional revenue, The company paying its suppliers more because of higher demand
Back
The company's factories causing environmental harm
Create a free account and access millions of resources
Similar Resources on Wayground
26 questions
Unit 1: CFA 3 (Standard 3)

Flashcard
•
12th Grade
16 questions
H-Law of Sines/Cosines and Area Flashcard

Flashcard
•
10th - 12th Grade
15 questions
Transformation of functions

Flashcard
•
11th - 12th Grade
15 questions
NC Math 4 Final Exam - v2

Flashcard
•
11th - 12th Grade
15 questions
Quadratic Forms

Flashcard
•
11th Grade
15 questions
Unit 7 Formative 1

Flashcard
•
10th - 12th Grade
15 questions
M3 EOC Review

Flashcard
•
10th - 12th Grade
23 questions
National Economic Performance Unit Test Review

Flashcard
•
9th - 12th Grade
Popular Resources on Wayground
20 questions
Brand Labels

Quiz
•
5th - 12th Grade
10 questions
Ice Breaker Trivia: Food from Around the World

Quiz
•
3rd - 12th Grade
25 questions
Multiplication Facts

Quiz
•
5th Grade
20 questions
ELA Advisory Review

Quiz
•
7th Grade
15 questions
Subtracting Integers

Quiz
•
7th Grade
22 questions
Adding Integers

Quiz
•
6th Grade
10 questions
Multiplication and Division Unknowns

Quiz
•
3rd Grade
10 questions
Exploring Digital Citizenship Essentials

Interactive video
•
6th - 10th Grade
Discover more resources for Social Studies
38 questions
Q1 Summative Review

Quiz
•
11th Grade
1 questions
PLT Question for 09/21/25

Quiz
•
9th - 12th Grade
1 questions
PLT CFA 9/30/2025

Quiz
•
9th - 12th Grade
36 questions
Unit 5 Key Terms

Quiz
•
11th Grade - University
10 questions
Unit 6 - Great Depression & New Deal

Quiz
•
11th Grade
38 questions
Unit 6 Key Terms

Quiz
•
11th Grade - University
22 questions
25-26 Standard 3

Quiz
•
11th Grade
1 questions
PLT CFA 10/2/25

Quiz
•
9th - 12th Grade