Deneme Sınavı Soruları

It can sell at a higher price but a smaller quantity or sell a larger quantity but at a lower price.

Monopoly has obliged to work with other producers for the marketing price and cannot make decisions.

When government regulations do not allow one person or firm the exclusive rights to sell, a monopoly cannot stand alone to decide.

Monopoly produces only a small portion of the market output and hence it can sell any quantity it wants as a market price.

A monopolist has to a higher price to sell more and hence move down on the demand curve.

Labor supply curve shifts to the right, wages fall, quantity of labor employed increases

Labor supply curve shifts to the left, wages rise, quantity of labor employed decreases

Labor demand supply shifts to the right, wages and amount of labor hired do not change

The labor demand curve shifts to the right, wages rise and the amount of labor hired increases

The labor demand curve shifts to the left, wages rise and the amount of labor hired decreases.

marginal revenue

marginal cost

average revenue

average cost

total revenue

Lower/lower/higher

Higher/higher/lower

Higher/higher/higher

Lower/higher/lower

Lower/lower/lower

Increasing the production speed

Helping to lower inflation rate

Ownership of a key resource

Higher GDP

Lower production cost

Wage

Interest

Capital

Rent 

Employment

Collusion

High investment cost

Low household savings

Labor’s low qualification

High capital flow

Wage

Rent

Interest

Profit

Return

There are many firms in both perfect monopoly and monopolistic competition.

There is one firm in both monopoly and oligopoly.

There are many firms in monopolistic competition.

There is one firm in monogamy.

There are few firms in oligopoly and oligopolistic competition.

Total input

Total cost

Total revenue

Debt management

Credit management

Perfect competition

Monopolistic competition

Oligopoly

Monopoly

Duopoly

The labor demand curve shifts to the right, wages rise and the amount of labor hired increases.

The labor demand curve shifts to the left, wages rise and the amount of labor hired decreases.

Labor demand curve shifts to the right, wages and amount of labor hired do not change

Labor supply curve shifts to the right, wages fall, quantity of labor employed increases

Labor supply curve shifts to the right, wages rise, quantity of labor employed decreases

AVC, AC

AVC, AFC

AFC, AC

Only AFC 

Only AC 

Incomes fluctuate with business cycles.

People tend to disagree.

Resources are limited.

Most economies’ production methods are not efficient.

Some goods and services production is restricted by governments. 

Politicians

Proffesors

Macroeconomists

Government workers

Policy makers

Outcome

Input

The opportunity cost

Sunk cost

Accounting cost

Nescafe - tea

petrol , automobile

tea,  sugar

tennis ball- tennis racket

butter , bread

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)

The slope of the budget constraint does not change

The budget constraint becomes perfectly perpendicular

Budget line stays the same

The budget line becomes flatter

The budget line becomes steeper

Microeconomics

Macroeconomics

Econometrics

Rational choice theory

Development economics