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Marlow Works

AP Microeconomics / Unit 2

Unit 2 · 20–25%

Supply and Demand

Prices form where buying plans meet selling plans, then policies move those curves.

Start first lessonUnit practice

Topics

  • Demand and supply
  • Equilibrium
  • Elasticity
  • Taxes, subsidies, and price controls
  • Consumer and producer surplus

Lessons

Key terms

Original practice

Marlow Works questions. If this unit does not have its own items yet, you will see other questions from the same course.

1 of 1Supply and Demand · medium · multiple choice

A binding price ceiling is set below equilibrium in the market for rental apartments. What is the most likely result?

Original Marlow Works item — not a College Board question.

Take your time—this is practice, not a test.

Review checklist

  1. 01Label axes, curves, and the original equilibrium before shifting.
  2. 02Name the determinant that moved demand or supply.
  3. 03State what happens to price and quantity after the shift.

Related resources

External links with reuse status. Marlow Works is independent and does not copy restricted exam or textbook material.

  • Official / link only

    AP Microeconomics course page

    Official six-unit framework for markets, costs, and market failure.

    College Board · All rights reserved · accessed 2026-10-01

    Open source

  • CC BY — attribution required

    Principles of Microeconomics: Scarcity and Social Provisioning

    Open microeconomics background for scarcity, markets, and elasticity.

    Open Textbook Library listing · CC BY · accessed 2026-10-01

    Open source

  • Official / link only

    FRED economic data

    Federal Reserve economic data. Terms vary by series; do not scrape or ingest.

    Federal Reserve Bank of St. Louis · Varies by series · accessed 2026-10-01

    Open source