Introductıon to Economıcs I (ENG)
Deneme Sınavı Soruları
- 20 soru
- Cevap anahtarı açık: çöz, sonucunu gör
- 1A perfectly competitive firm should reduce output or shut down in the short run if market price is equal to marginal cost and price is _____________ .Which of the following would correctly fill the blank?
- 2
The supply of land is perfectly inelastic. Which of the following is the reason for this?
- 3
If the average variable cost (AVC) of the firm is 500 TL and the total fixed cost (TFC) is 400,000 TL at the production level where 1000 pairs of shoes are produced, what is the total cost (TC) of the firm?
- 4
Other things being equal, what happens to equilibrium interest rate when the demand curve for loanable funds shifts leftward?
- 5
In a perfectly competitive market, a firm`s demand curve is
- 6
What is the price times the quantity sold by the firm?
- 7
Which statement below is true for the marginal profit at the profit-maximizing level of output?
- 8
How is the market structure with few firms called?
- 9
Other things being constant, what is the effect of an increase in labor supply on equilibrium wage and employment?
- 10
Which of the following does not have a direct impact on labor demand in a competitive market?
- 11
Which of the following is the reason for all firms' normal economic profit making trend in a particular industry in the long-run in perfect competition?
- 12
A perfectly competitive firm should shut down in the short run if market price is
- 13
Which of the following does tell how total revenue changes as the quantity changes?
- 14
Which of the following arises from the limited nature of society’s resources compared to unlimited needs and desires?
- 15
What does "often to avoid doing more of the things we like to do because we have limited time" refer?
- 16Which of the following statements is incorrect?
- 17
If the price of the complementary good decreases while the price of the demanded good x is the same, which of the following happens?
- 18
For which type of goods do the Engel curves have a negative slope?
- 19
What is the term that refers to the distribution of resources fairly among members of the society?
- 20
Which of the following statements is true?