Introductıon to Economıcs I (ENG)
Deneme Sınavı Soruları
- 20 soru
- Cevap anahtarı açık: çöz, sonucunu gör
- 1
What is the term used for the additional revenue that a firm earns when it increases production by one more unit?
- 2
What is the term used for the total cost divided by the amount of output produced?
- 3
At a price of $4 what will the competitive firm do?
- 4
- High prices,
- Low consumer surplus,
- Deadweight loss
- Easy to form a cartel
Which of the following markets would have the features given above?
- 5
Choose the option that completes the following entence correctly.
"The objective of a firm that produces a good or service is to maximize its ..........."
- 6
Which of the following is the price times the quantity sold by the firm?
- 7
What is the best alternative that we give up when we make a choice or a decision called?
- 8
Which of the following is true about the point where the TVC is the least steep?
- 9
"The demand for a factor of production is called ... demand since it is affected by the demand and supply interaction in the market for the good or services used for."
Which of the following correctly completes the above definition?
- 10
Choose the option that completes the following sentence correctly.
".......... refer to the costs a firm incurs when it gives up the next best alternative action or project."
- 11
When a firm employs an extra unit of labor in the short run, when other factors are constant, the resulting increase in production is called ___________________________.
Which of the following terms is defined in the above sentence?
- 12
What does the behavior of TC and TVC depend on?
- 13
Which of the following is the cost that a firm faces, not depending on the production level?
- 14A place where a group of buyers and sellers of a particular good or service meet.
Which of the following is described above? - 15
Which of the following is an incentive for both production and consumption?
- 16
Which of the following is a result of scarce resources?
- 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
What is a legal maximum on the price at which a good can be sold?
- 19
Which of the following statements in economics is a prescriptive statement like the ones expected to be made by a policy adviser?
- 20
Which of the following is not one of the factors that affect the demand for a good?