Introductıon to Economıcs I (ENG)
Deneme Sınavı Soruları
- 20 soru
- Cevap anahtarı açık: çöz, sonucunu gör
- 1
‘Compared to a perfectly competitive market, a monopoly produces … than the socially efficient quantity of output and charges a relatively … price, hence creates a deadweight loss.’
Which of the following fills the gaps in the given sentence most appropriately?
- 2
Which of the following will decrease as the production output increases?
- 3
At what point does the marginal cost curve intersect the average total cost curve?
- 4
Which of the following is not required to calculate the net present value of an asset?
- 5
What is the reason for emerging of a natural monopoly?
- 6
Which of the following is a mutual assumption for both monopolistically competitive and perfectly competitive markets?
- 7
Which of the following variables shows us the value of the production made by the last worker hired by the firm?
- 8
Which of the following is the best alternative that we give up when we choose or decide?
- 9
Which of the following is the most important difference between monopoly and perfect competition markets in terms of freedom?
- 10
When all the inputs used in production are increased by 75% in the long run, if the total amount of product increases by 50%, which of the following will be the case?
- 11
Consider a competitive market in which five thousand firms are producing as efficiently as possible, and the market supply equals the market demand.In this situation at a price of $11 and an output of 250000 units. Now suppose that market demand decreases to 225000 units and the equilibrium price falls to $10. In short run a there is a loss. What is the amount of this loss for a single firm?
- 12
The level of production at which the economies of scale die out and constant returns to scale or diseconomies of scale set in is called?
- 13
Which of the following market structure has slightly differentiated products, moderate level barriers to entry and many firms?
- 14
The concept of price elasticity of demand can be described with what explanation is given in the options below?
- 15
What does the ability to put a given amount of scarce resources into use in such a way to produce the highest level of output that could be produced with the available production technology refer?
- 16
Point A Price 1 = 12 TL, Quantity 1 = 300
Point B Price 2 = 18 TL, Quantity 2 = 200Based on the above data, what is the price elasticity of demand?
- 17
An entrepreneur is a person who does all of the following except
- 18
What 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?
- 19
- When making decisions, individuals should recognize the …………. of each action that they can take.
Which of the following can fill the above blanks most appropriately?
- 20
What is the difference in the amounts that a seller is paid for a good minus the cost to the seller?