AÖF Soru Bankası
İKT105U

Introductıon to Economıcs I (ENG)

2021–2022 Vize (Ara Sınav) Çıkmış Soruları

  • 20 soru
  • Soru metinleri açık; şıklar ve cevap anahtarı uygulamada
  1. 1
    Which of the following can cause the demand curve to slope positively as opposed to the traditional demand curve?
    • AThe complementary goods
    • BThe substitute goods
    • CNormal goods
    • DInferior goods
    • EGiffen goods
  2. 2
    When total utility increases, marginal utility is Which of the following completes the sentence above?
    • Anegative and increasing
    • BE negative and declining
    • Czero
    • Dpositive and declining
    • Epositive and increasing
  3. 3
    If the price elasticity of supply is perfectly elastic, the shape of the supply curve will be----- Which of the following completes the sentence above?
    • Asteeper
    • Bpositively sloped of.
    • Cnegatively sloped
    • Dhorizontal
    • Evertical
  4. 4
    Which of the following statement does not explain the equilibrium market efficiency?
    • AThe goods are produced by the producers with the highest cost.
    • BThe equilibrium quantity output maximizes total surplus received by the all members of society.
    • CThe goods are produced by the producers with the lowest cost.
    • DThe goods are consumed by the buyers who value them most highly.
    • EThe goods are produced by the producers satisfying the cost minimization.
  6. 5
    Who pays the tax burden when the demand is more price elastic than the supply?
    • ASellers
    • BBuyers
    • CWorkers from abroad of.
    • DFirms from abroad
    • EGovernment
  7. 6
    If the supply curve of a commodity is positively sloped, a rise in the price of the commodity, ceteris paribus, results in and is referred to as Which of the following completes the sentence above?
    • Aan increase in supply
    • Ban increase in the quantity supplied
    • Ca decrease in supply
    • Da decrease in the quantity supplied
    • Ean increase in the quantity supplied and a decrease in supply at the same time
  8. 7
    " is a very useful analytical tool to illustrate the basic economic concepts such as scarcity, efficiency, tradeoffs, opportunity cost and even economic growth." Which of the following completes the sentence above?
    • AExternality
    • BPrice
    • CEquity
    • DUtility
    • EProduction possibilities frontier
  9. 8
    Which of the following has a negative income elasticity of demand (e < 0)?
    • ANormal good
    • BInferior good
    • CLuxury good
    • DNecessity good
    • EComplementary good
  11. 9
    "The inability of the market to allocate society's scarce resources efficiently to the best uses" is identified by ---- Which of the following completes the sentence above?
    • Aopportunity cost
    • Bmarket power
    • Cmarket failure
    • Defficiency
    • Escarcity
  12. 10
    The production possibilities frontier is a Which of the following completes the sentence above?
    • Amap which shows the frontier beyond which agriculture is unprofitable
    • Bgraph that shows the various combinations of output the economy can possibly produce given the available inputss and production technology
    • Cmap which shows areas of the world in which capitalist production is now possible
    • Dgraph which shows the relationship between quantity of labor used to produce a given level of output
    • Egraph which shows the various of. combinations of resources that can be used to produce a given level of output
  13. 11
    If, from a position of stable equilibrium, the market supply of a product decreases while the market demand remains unchanged, ---- Which of the following completes the sentence above?
    • Athe equilibrium price rises but the equilibrium quantity falls
    • Bthe equilibrium quantity rises
    • Cboth the equilibrium price and the equilibrium quantity decrease
    • Dthe equilibrium price falls but the equilibrium quantity rises
    • Ethe equilibrium price falls
  14. 12
    Which of the following is expected regarding the budget line when there is an increase in the income of the consumer, as the prices of goods remain constant?
    • AAn increase in income shifts the budget line inward.
    • BAn increase in income shifts the budget line outward.
    • CAn increase in income rotates the budget line outward.
    • DAn increase in income changes the slope of the line.
    • EAn increase in income rotates the budget line inward.
  16. 13
    Which of the following is not an example of price ceiling?
    • AGovernment assurance to buy all the meats at a specific price
    • BIndexation of rents to the inflation rate by the government
    • CDetermination of the maximum price for gasoline by the government
    • DDetermination of the highest price for gold by the government
    • EDetermining the minimum level for wages by the government
  17. 14
    Which of the following is the reason indifference curves are convex to the origin?
    • AConsumers' irrational behaviors
    • BThe assumption that more goods are preferable to fewer goods
    • CThe assumption of completeness of preferences
    • DThe assumption that consumer preferences are transitive
    • EThe principle of diminishing marginal rate of substitution
  18. 15
    When both the price of a substitute and the price of a complement of commodity X rise, the demand for X -_-_-. Which of the following completes the sentence above?
    • Aremains unchanged
    • Bfalls
    • Ccan rise, fall, or remain unchanged depending on the relative strength of the two opposing forces
    • Dremains unchanged if the commodity X is price elastic
    • Erises
  19. 16
    "A student who chooses to prepare for an economics exam on a certain night may be giving up some sleeping hours or her/his chances of preparing for a math exam." Which of the following concepts is explained with the example above?
    • AExternality
    • BEfficiency
    • CScarcity
    • DOpportunity cost
    • EProductiviy
  21. 17
    Ali decides to spend two hours playing soccer rather than working at his job which pays $10 per hour. Ali's tradeoff is-- Which of the following completes the sentence above?
    • Anothing, because it was a planned activity
    • Bnothing, because he enjoys playing soccer more than working
    • Cthe increase in skill he obtains from playing soccer for those two hours
    • Dthe $20 he could have earned working for two hours
    • Enothing, because he spent $20 for the field fees to play soccer
  22. 18
    In drawing a farmer's supply curve for a commodity, all but which one of the following are kept constant?
    • AFeatures of nature such as climate and weather conditions
    • BTechnology
    • CThe price of the product under consideration
    • DExpectations of producers about the future state of economy
    • EThe prices of inputs
  23. 19
    When the price of a substitute of commodity X falls, the demand for X-.. Which of the following completes the sentence above?
    • Afalls
    • Bremains unchanged if the commodity X is price elastic
    • Crises
    • Dremains unchanged
    • Eremains unchanged if the commodity X is price inelastic
  24. 20
    Suppose X and Y are both normal goods. "The change in consumption that results when a price change moves the consumer to a higher or lower indifference curve" is explained by which of the following?
    • AThe budget effect
    • BThe substitution effect r.
    • CThe income effect
    • DThe marginal effect
    • EThe utility effect
Şıkları ve doğru cevapları görIntroductıon to Economıcs I (ENG) dersinin tüm sınavları, cevap anahtarları, süreli mod ve yanlış analizi uygulamada.Uygulamada aç