microeconomics google classroom assignment 3

Prompt: Apply what you learned in Unit 8 to the video you watched

Instructions: Speaking as an economist, explain in technical terms the problem that is being described in the video. Please do not recite information from the video, but interpret it using the concepts and language in Unit 8. Avoid broad generalizations for a passing score. (Minimum 135 words in length.)

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YouTube Video Link: https://www.youtube.com/watch?v=AaVnege6xEM&feature=emb_logo

Attachment: Screenshot of Google Classroom Assignment

Attachment: Picture of AP Microeconomics Textbook Table of Contents (Reference the sub-concepts learned in Unit 8 on the Table of Contents)

 

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