Introductıon to Economıcs I (ENG)
2018–2019 Final (Dönem Sonu) Çıkmış Soruları
- 20 soru
- Cevap anahtarı açık: çöz, sonucunu gör
- 1
I. Existence of high numbers of potential buyers and sellers
II. Free entry to market and exit of firms from the
marketIII. Product heterogeneity
IV. Product homogeneity
Which of the above characteristics describes the perfect competition?
- 2
Engel curves illustrate the relationship between ------- .
Which of the following completes the sentence above?
- 3
Which of the following equation correctly represents the marginal product of labor (MPL)?
- 4
In a perfectly competitive market which of the following variable is equal to the price?
- 5
Which of the following represents the short-run shutdown decision of the firm in a competitive market?
- 6
What is the concept that explains the decrease in productivity of labor while increasing labor input?
- 7
About the accounting profit and economic profit, which of the following statement is correct?
- 8
Which of the following is the correct way of calculating average product of labor?
- 9
Which of the following determines the price in a competitive market?
- 10
What is the rule of profit maximization for all types of markets?
- 11
What does a monopoly create compare to the competitive market by producing less and selling for higher prices?
- 12
What is the main cause of deadweight loss?
- 13
Which of the following is a prerequisite for price discrimination?
- 14
Which of the following types of markets include only a small group of sellers?
- 15
Which of the following is the difference between income and consumption?
- 16
What is a capital for a firm?
- 17
Which of the following never changes in the market of natural resources?
- 18
Which of the following determines the interest rates in a competitive market?
- 19
Suppose that initial price of hamburger is $4, the quantity demanded of hamburger is 60. When the price of hamburger is $2, the quantity demanded of hamburger is 80.
According to above example, calculate the price elasticity of demand by using the mid-point method?
- 20
What is referred by the economists with the use of concept of market power?
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