Deneme Sınavı Soruları

Choose the option that completes the following sentence correctly.

"The production process converts resources which are called .......... or factors of production into new goods and services called output over a period of time."

What is the study of how people/firms/countries make decisions in situations in which attaining their goals depends on their interactions with others.

Which of the following is the ratio of change in total revenue to a slight change in quantity?

What is the most important source of power of oligopolist for influencing the market price?

Consider a competitive market in which 10000 firms are producing as efficiently as possible, and the market supply equals the market demand.In this situation at a price of $15 and an output of 100000 units. Now suppose that market demand increases to 290000 units and the equilibrium price rises to $20. In short run a profit in excess of economic profit emerges. What is the amount of this excess profit for a firm?

Which of the following is a correct statement that evaluates the supply curve for land as a factor of production?

Which of the following can not be considered as a factors of production?

Which of the following gives long-run profit of the monopolistically competitive firm?

Which one of the following shows the difference between income and consumption. 

Economic rent is the price paid for the use of land and other natural resources which are completely fixed in total supply. This fixed supply actually makes rental payments different form wage and interest. In this sense, from the perspective of the economists, the land rate is the _______________ payment.

Which of the following terms can be used to complete the above sentence?

What kind of revenue does a firm earn when it increases production by one more unit?

What is the difference between total revenue and total cost called?

What does "branch of economics that examines the aggregate behavior of economic agents and the government on a national scale" stand for?

Two goods are either substitute to each other or they are complement to each other.  The response of demand for one good (good Y) to changes in the price of another good (good X).What is the elasticity that measures this condition, given in the following. 

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

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

If MUA/PA < MUB/PB, which of the following is the most appropriate behavior for the consumer to reach equilibrium?

Which of the following is a cause of market failure?