Deneme Sınavı Soruları

Percentage change in price

The price elasticity of supply

The cross-price elasticity of demand

Exchange rate

Income elasticity of demand

Reduces consumption of only inferior goods.

It only increases the consumption of inferior goods.

It only increases the consumption of normal goods.

Reduces consumption of both normal and inferior goods.

Increases consumption of both normal and inferior goods.

Price

Interventions

Width of the market

Quality of the good

Ability of workers

The equilibrium in consumer durables market

Low unemployment rates

The effect of quota on textile imports that affect the textile industry

The pricing policies of firms

Supply of good

Comparing the marginal costs and marginal benefits of each decision.

Calculating the marginal costs for each decision.

Evaluating how easily a decision can be changed.

Making decisions that impose a marginal benefit.

Making decisions that do not impose a marginal cost.

acceptence

productivity

indifference

marginal

bundle

Indifference curves cannot cross each other

 Indifference curves are always convex

Any two points on an indifference curve generate the same level of utility.

As you move away from the origin, each subsequent indifference curve yields a higher utility level than the previous one.

Indifference curves have a positive slope

Decrease in prices of inputs used in production

Producers expect a price increase in the future

Decrease in taxes from the producer

Advances in production technology

Increase in the number of companies in the industry

Aggregate behavior of economic agents and the government

Individual decisions.

Consumer preferences

Markets for complex products.

The price of a specific good

ed=1,5

ed=0.5

1.2

3.1

0.8

Macroeconomics

Development economics

Organizational economics

Microeconomics

Structural economics

Observation 

Experiment

Behavioral sciences

Theory application

Using data

economy’s ability to provide primary education

economy’s ability to open universities

economy’s ability to sell goods and services

economy’s ability to produce goods and services

economy’s ability to increase population

Efficiency

Production

Relativity

Value creation

Structural set

Preferences are complete

Consumer’s preferences are transitive

Consumer’s preferences are incomplete

Consumers always prefer more of a commodity to less (i.e., non-satiation)

A diminishing marginal rate of substitution is accepted(i.e., convexity)

Budget deficit

Budget constraint

Indifference curve

Map of indifference curves

Opportunity cost line

as prices fall, demand increases.

as prices rise, demand increases.

as prices fall, quantity demanded increases.

as prices rise, quantity demanded increases.

as prices change, demand doesn't change.

vertical, horizontal 

vertical, negative 

horizontal, positive 

vertical, positive 

Positive, negative