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İKT105U

Introductıon to Economıcs I (ENG)

2019–2020 Vize (Ara Sınav) Çıkmış Soruları

  • 20 soru
  • Cevap anahtarı açık: çöz, sonucunu gör
0 doğru · 0 yanlış · 20 kaldı
  1. 1

    Which of the following statements is true for the properties of indifference curves?

  2. 2

    Which of the following statements is true when the percentage change in quantity demanded is smaller than the percentage change in price?

  3. 3

    What is the value of price elasticity of demand if the demand curve is vertical?

  4. 4

    Which of the following goods have a negative cross-price elasticity of demand?

  5. 5

    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?

  6. 6

    I. The higher the availability of inputs for
    production

    II. The importance of being unimportant

    III. The time horizon

    IV. Availability of close substitutes

    Which of the above statements determines the price elasticity of supply?

  7. 7

    What is referred by the economists with the use of concept of market power?

  8. 8

    In economics, positive statements ------- .

    Which of the following completes the sentence above?

  9. 9

    I. Existence of high numbers of potential buyers and sellers

    II. Free entry to market and exit of firms from the
    market

    III. Product heterogeneity

    IV. Product homogeneity

    Which of the above characteristics describes the perfect competition?

  10. 10

    According to the economic theory, the trade produces what type of outcome?

  11. 11

    Which of the following statements describes the opportunity cost of an action or item correctly?

  12. 12

    Concave to origin or bowed outward shape of the Production Possibilities Frontier implies the existence of which economic law?

  13. 13

    Which of the following characteristics does not belong to the perfectly competitive market?

  14. 14

    Which of the following statement points the law of demand?

  15. 15

    What is the cause of a movement along the demand curve?

  16. 16

    While a market were in equilibrium, what happens to market equilibrium price and quantity if the market demand curve shifts to right as a results of change in number of buyers?

  17. 17

    Which of the followings is a result of an increase in income?

  18. 18

    I. The price of one good increases

    II. The price of one good decreases

    III. An increase in income

    IV. The price decrease of the two goods that
    keeps relative price intact.

    Under the ceteris-paribus condition, which of the above statements causes a budget line to shift parallel to the right?

  19. 19

    How a pair of goods are called if the price of one decreases, the demand for the other will decrease also?

  20. 20

    What is the shape of the indifference curve if the two goods are perfect complements with each other?

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