Deneme Sınavı Soruları

“It 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 or utility”.

Which term is described above?

Which of the following shows who pays the tax and how the tax burden is shared among buyers and sellers?

What kind of effect is mentioned below?

“It is the change in consumption that results when a price change moves the consumer to a higher or lower indifference curve. For example: The consumer is richer, so he buys more pizza”.

Which of the following is a very useful analytical tool to illustrate the basic economic concepts such as scarcity, efficiency, tradeoffs and opportunity cost?

Which of the following shows the combinations of output that a firm or a society can possibly produce using the full of available production technology and the given amount of inputs.

What does "often to avoid doing more of the things we like to do because we have limited time" refer?

Which factor or factors listed below, can limit the nature and size of the market basket that consumers want to buy?

i-Prices of commodities

ii-Level of the consumer’s income

iii-Amount of commodities

iv-Variety of commodities

Which of the following could be said for luxury goods’s demand when income increases?

What is the best known example of an external cost of the production process?

Which of the following best completes the definition below?

..................... is the quantity of a good or service that consumers are willing and able to purchase at a given price in a given time period in a given market.

Which of the following concepts refers to small incremental adjustments made on an existing plan of action?

Which of the following occurs when the market falls short of allocating resources efficiently?

Which of the following statements in economics intends to describe how things are and how things actually work?

What would be the price elasticity of demand at the midpoint of the demand curve?

Which of the following is a result of scarce resources?

Which of the following is determined by the flexibility of producers/sellers to change the amount of the good or service they produce in response to price changes?

What can be said about the budget constraint if the prices of goods A and B doubled at the same time?

A factor market involves

When the consumer allocates his entire budget to good A, which of the following represents the maximum amount he will receive from good A?
(I : monetary income; Pa : price of good A, Pb: price of good B)