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İKT105U

Introductıon to Economıcs I (ENG)

Deneme Sınavı Soruları

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

    Which of the following expressions below measure the satisfaction of consumers via utility?

  2. 2

    I. price of the good

    II. quantity

    III. income

    Which of the above is/are held constant along the demand curve?

  3. 3

    What is the name of the curve which connects of all points representing the equilibrium market baskets corresponding to all possible levels of money income?

  4. 4

    "The ……effect is the change in consumption that results when a price change moves the consumer to a higher or lower indifference curve."

    Which of the following concepts correctly completes the above definition?

  5. 5

    What is the name of the economist who views economics as a discipline studying human behavior as a relationship between ends and scarce means with alternative uses?

  6. 6

    A(An) ------------is “the combinations of quantities of X and Y that a consumer can purchase with certain amount of income or earning”.

    Fill in the blank with a convenient answer.

  7. 7

    For which type of goods do the Engel curves have a negative slope?

  8. 8

    What does "society’s inability to produce all the goods and services people desire to have due to resource limitations" stand for?

  9. 9

    What is the name of the main branch of economics that deals with individuals or households and firms? 

  10. 10

    Which of the following definitions refers to the study of how society sets its priorities in managing its scarce resources?

  11. 11

    What do the examples of deciding on eating one more meatball at dinner or drinking one more cup of tea at breakfast mean in economics?

  12. 12

    I. factors of production.

    II. inputs.

    III. resources.

    IV. production and cost.

     

    Capital, labor, and land are considered as the

  13. 13

    Which of the following is not one of the factors affecting supply?

  14. 14

    If the price of the complementary good decreases while the price of the demanded good x is the same, which of the following happens?

  15. 15

    “When you decide to watch a movie on TV, you may be missing a basketball game shown on another channel.”

    Which of the following concepts explains the above example?  

  16. 16

    __________ is a graph that shows the combinations of output that a firm or a society can possibly produce using the available production technology and the given amount of inputs. 

    Which of the following concept does best fill in the blank?
  17. 17

    Which of the following is a cause of market failure?

  18. 18

    Which has a negative elasticity given in the items below?

    I. Education

    II. Health services (doctor visits),

    III. Heating in the winter,

    IV. Gasoline for car owners

    V. Go to the cinema

  19. 19
    • If a consumer buys less of a good when his or her income rises, the good is called an …….
    • ……….. will have better quality alternatives.
    • When income rises, people can afford to forego the cheap ………… and buy the higher quality good instead.

    Which of the following can fill the above blanks most appropriately?

  20. 20

    Which of the following is calculated as the percentage change in the quantity demanded of the good divided by the percentage of change in the price of that good?

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