HELP! Anyone who has taking AP MicroEconomics on FLVS. I need the answers to Module 1 DBA. What does these images mean, what will be asked, and how can I answer it? I don't know if he will change the previous questions but I failed module 1 DBA because I had to hurry through it to go to my job and she told me to study and here was some of the questions:
For A she said "Which letter represent unemployment?"
Answer: D because unemployment is when the people/company don't use enough resources.
For B she asked about absolute and comparative advantage, and the opportunity cost.
Answer "The absolute is the Red Land because they produce more goods than the blue land. the Comparative Advantage is the Blue land because of the opportunity cost. 500/100 = 5 (Blue Land) and 500/250 = 2 (Red land)
She didn't continue with me because she said I needed to study more. So please answer quick about what each letter means and how I can explain it! I have a DBA with him tomorrow at 3pm!!!