Introductıon to Economıcs I (ENG)
Deneme Sınavı Soruları
- 20 soru
- Cevap anahtarı açık: çöz, sonucunu gör
- 1
Which of the following branch of economics studies the behavior and decisions of the smallest decision units such as individuals or households and firms?
- 2
Which theory listed below is an approach used by social scientists to understand human behavior?
- 3
Which of the following statements is true?
- 4
i-A decrease in income lowers the intercepts of the budget line
ii-A decrease in income causes a parallel outward shift
iii-A decrease in income will lead to less consumption of both goods
iv-A decrease in income won’t have an effect on the consumption of cheaper good
Choose the true effects of decreasing income on the budget curve and consumption of goods from listed statements above.
- 5
Which of the following concepts measures the price-sensitivity or responsiveness of consumers?
- 6
i- More goods are preferable to fewer goods
ii- Goods are substitutable
iii- Indifference curves can cross each other
iv- Indifference curves are everywhere dense
v- Indifference curves are always concave
Choose the properties of indifference curves from listed statements above.
- 7
Which of the following arises from the limited nature of society’s resources compared to unlimited needs and desires?
- 8
Which of the following is the study of Economics?
- 9
Which of the following fact is about scarcity?
- 10
Which of the following shows the ability of a single actor (or a few actors) to control or substantially influence market prices?
- 11A market where there is only one seller of the product, and this seller sets the price alone.
Which of the following is described above? - 12
What is "the amount a buyer is willing to pay minus the buyer actually pays" called?
- 13
The likelihood that a consumer will spend the necessary time, effort, and money to gather information (about items or goods he or she wants to buy) is directly related to its _______ to the consumer.
- 14
Which of the following is not one of the factors that affect the demand for a good?
- 15
“If two products have the same cost, a consumer would choose to purchase the one expected to have the higher benefit. On the other hand, if two products yield equal benefits, the consumer would choose to purchase the cheaper one”.
Which fundamental principle underlying consumer behavior is described above?
- 16
What does "time" stand as an example?
- 17
What does the distribution of resources fairly among members of the society refer?
- 18
When regulations require that firms reduce pollution, there is
- 19
Which of the following shifts the budget constraint of a consumer outward?
- 20
What are the effects of an increase in income while holding prices of goods constant on budget line and goods consumption?