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İKT105U

Introductıon to Economıcs I (ENG)

Deneme Sınavı Soruları

  • 20 soru
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0 doğru · 0 yanlış · 20 kaldı
  1. 1

    What is the term that refers to the distribution of resources fairly among members of the society?

  2. 2

    What is the difference in the amounts that a seller is paid for a good minus the cost to the seller?

  3. 3

    If a consumer's budget is I = 1000 TL, price of good X, Px = 7 TL, price of good Y, Py = 15 TL, what is the slope of the budget line?

  4. 4
    The market supply and demand equations for a good are as follows:

    • Demand: Qd=50−3PQ_d = 50 - 3P

    • Supply: Qs=20+2PQ_s = 20 + 2P

    What is the equilibrium price in this market?
  5. 5

    Equilibrium is the condition that exists:

  6. 6

    If the decrease in the price of one good causes the demand for another good to decrease, the goods are called as?

     

  7. 7

    Which of the following statement is correct about the slopes of the indifference curve and the budget line at the point where consumer equilibrium occurs?

  8. 8

    How do you define the ability of a single actor (or a few actors) to control or substantially influence market prices?

  9. 9

    Which of the following refers to the ability of a firm or society to get the most out of a given level of inputs?

  10. 10

    Which of the following refers to the increase in demand for a consumer, due to the increase in real income as a result of the decrease in the price of a good?

  11. 11

    Which of the following are descriptive statements?

  12. 12

    Which of the following shows the aggregated supplies of companies operating in the same production area?

  13. 13

    Which of the following makes all participants better off regardless of whether it is domestic or international?

  14. 14

    ----------------- is defined as the number of units of good Y that must be given up if the consumer, after receiving an extra unit of good X, is to maintain a constant level of satisfaction.

    Fill in the blank with a convenient answer.

  15. 15

    Which of the following is one of the most important determinants of a consumer’s behavior when buying a product?

  16. 16

    "The income elasticity of demand measures the response of the quantity demanded to a change in .........................and is computed as the percentage change in the ..................... divided by the percentage change in income." Which concept pair should be put in the blank place in the sentence given in the options below? 

  17. 17

    Which of the following is true about the change in the budget constraint when prices and consumer income double in a two-good economy?

  18. 18

    Consumption choices are limited by ___________.

    Which of the followings best completes the blank?

  19. 19

    What do we call the measure of how much the quantity demanded of one good responds to a change in the price of another good?

  20. 20
    In an economy, assume that the market equilibrium price of milk is 25 TL per liter. What is the most likely outcome if the government sets a price ceiling of 18 TL per liter?
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