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İKT105U

Introductıon to Economıcs I (ENG)

Deneme Sınavı Soruları

  • 20 soru
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0 doğru · 0 yanlış · 20 kaldı
  1. 1

    Which of the following refers to compensation for the use of capital?

  2. 2

    When consumers perceive a product as a unique product without perfect substitutes, what type of demand curve its producer faces?

  3. 3

    Which of the following is the price times the quantity sold by the firm?

  4. 4

    Which is the long run price level for this competitive firm?

  5. 5

    ------------- is an agreement among firms to charge the same price or decide on quantities in cooperation with each other.

    Fill in the blank with a convenient answer.

  6. 6

    Which assertion on market types below is true?

  7. 7

    Which of the following is not a basic factor of production available to a society?

  8. 8

    What is the price of product at profit maximizing output level for this competitive firm?

  9. 9

    i- Imperfect competition in the market

    ii-Perfect competition in the market

    iii-Many firms in the market

    iv- Few firms in the market

    v-Homogeneous products

    vi-One firm in the market

    vii-Differentiated products

    Choose the characteristics of monopolistic competition market structure from listed statements above.

  10. 10
    • High prices,
    • Low consumer surplus,
    • Deadweight loss
    • Easy to form a cartel

    Which of the following markets would have the features given above?

  11. 11

    Which of the following does represent the point that a seller should increase production up to for profit maximization in perfect competition?

  12. 12

    At what point does the marginal cost curve intersect the average total cost curve?

  13. 13

    Which of the following long-run decision in perfect competition would likely be taken in a case where P=AC=MC and normal economic profit condition exist?

  14. 14

    Which of the following factors affect demand price elasticity?

    I. Whether the good has a close substitute

    II. Whether the goods are compulsory or luxurious

    III. The Importance of Being Unimportant

    IV. Time Horizon

  15. 15

    If the decrease in the price of one good causes the demand for another good to decrease, the goods are called as?

     

  16. 16

    Which of the following is the study of Macroeconomics?

  17. 17

    In consumer theory, economists assume that the preferences of consumers exhibit certain properties or characteristics. These properties enable us to make statements about the general pattern of ___________ curves.

    Which of the following best fills the blank above?

  18. 18

    Which of the following concepts refers to small incremental adjustments made on an existing plan of action?

  19. 19

    What is the best known example of an external cost of the production process?

  20. 20

    Which of the following refers to the product whose demand decreases as the income of consumers increases?

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