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(b) 1 point: • One point is earned for correctly calculating the opportunity cost, 6 … Multiple Choice 60 questions in 1 hour and 10 minutes 66% of your score Free Response 3 FRQs in 1 hour 1 long FRQ (50% of section score) 2 short FRQs (50% of section score) 33% of your score AP Microeconomics Cheat Sheet PDF & Review Chart It's time to get your studying game on. If a nondiscriminating, imperfectly competitive firm is selling its 100th unit of output for $35, its marginal revenue: A. The basic economic problem of all countries is the existence of (A) tax increases and budget deficits (B) limited resources and unlimited wants (C) unemployment and inflation (D) government and private industry (E) unions and monopoly firms 2. Microeconomics Unit 1 Sample Multiple … Microeconomics multiple choice questions with answers to enable student prepare towards examination chapter what is economics? test bank multiple choice. 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