Varsity Tutors always has a different CLEP Microeconomics Question of the Day ready at your disposal! If you’re just looking to get a quick review into your busy day, our CLEP Microeconomics Question of the Day is the perfect option. Answer enough of our CLEP Microeconomics Question of the Day problems and you’ll be ready to ace the next test. Check out what today’s CLEP Microeconomics Question of the Day is below.

You can use the CLEP Microeconomics Question of the Day to get into the habit of thinking about Microeconomics content on a daily basis when studying for the CLEP exam. Varsity Tutors' CLEP Microeconomics Questions of the Day are drawn from each topic and question type covered on the CLEP Microeconomics exam.

Question of the Day: CLEP Microeconomics

What is the labor-leisure tradeoff?
Companies are often reluctant to pay employees overtime, increasing employee leisure.
People are often distracted while working, reducing productivity.
Leisure time has an opportunity cost.
Labor is more useful than leisure.
People enjoy leisure more than labor.

The Principles of Microeconomics CLEP covers concepts related to the analysis of consumer and business behavior. During the test, your skills and knowledge are applied to hypothetical and actual situations. You’ll need to know about free markets, resource allocation, and how different markets are structured. Wage structuring and government intervention are two of the other topics covered by the test’s 80 questions. You will have 90 minutes to complete the exam.

Varsity Tutors’ Learning Tools offers a CLEP Microeconomics Question of the Day to give you a quick way to do some daily test review. The free Principles of Microeconomics exam practice covers the same topics as the test, including basic economic concepts, the nature and functions of product markets, factor markets, and market failure. Questions may cover a single topic or be structured in the form of a problem that needs to be solved. The Question of the Day helps you get familiar with the test’s format while challenging your knowledge. If you know the answer and it is correct, you can move on. An incorrect answer, however, is not a cause for panic; rather, it is an opportunity. A detailed explanation at the end of each question will walk you through the method to obtain the right response, allowing you to focus your time on that topic to improve upon your skills.

The CLEP Principles of Microeconomics test review can be expanded upon by taking the CLEP Microeconomics Practice Tests that are also available from Varsity Tutors’ Learning Tools. Each Question of the Day includes questions from these exercises. This enables you to fit a little CLEP Microeconomics review time into your busy schedule. Using the CLEP Microeconomics Learning Tools can assist you in the creation of a personalized study routine focused on the topics you need to review. This saves time and energy and can make it less stressful to prepare for a big standardized test. The daily Principles of Microeconomics test practice can also help you review Microeconomics class material.

Varsity Tutors’ Learning Tools offers a complete package of CLEP Microeconomics test review resources. The free Principles of Microeconomics CLEP review available can help to streamline your review. Studying advanced topics can take time, but daily CLEP Microeconomics practice can assist you in filling in the gaps to build your understanding and confidence. Standardized tests are not only designed to test your knowledge; they also challenge your ability to analyze tough questions and situations under pressure.

Whether you’re seeking a quick CLEP Microeconomics review or a more in-depth study session, the Question of the Day can help you get started. The random nature of the Question of the Day can help your mind become more flexible. It also readies you to apply your Microeconomics knowledge in real-world situations. Best of all, Varsity Tutors’ Learning Tools assist you in focusing your study plan based on how you answered the CLEP Microeconomics sample questions asked during your daily test review. By taking advantage of all of the Learning Tools as you work through your Principles of Microeconomics CLEP review, you will be adding valuable resources to your study regimen.


All CLEP Microeconomics Resources

2 Practice Tests Question of the Day Flashcards
Learning Tools by Varsity Tutors