Introductıon to Economıcs I (ENG)
Ünite Sınavı Soruları
- 20 soru
- Soru metinleri açık; şıklar ve cevap anahtarı uygulamada
- 1
If the price of the complementary good decreases while the price of the demanded good x is the same, which of the following happens?
- 2
Which of the following is not one of the basic assumptions of a hypothetical perfect competition market?
- 3A place where a group of buyers and sellers of a particular good or service meet.
Which of the following is described above? - 4
I. price of the good
II. quantity
III. income
Which of the above is/are held constant along the demand curve?
- 5
In a market for goods and services, when the decrease in supply is greater than the increase in demand, which of the following happens?
- 6
Which of the following is not one of the factors that affect the demand for a good?
- 7
I. factors of production.
II. inputs.
III. resources.
IV. production and cost.
Capital, labor, and land are considered as the
- 8
The "law of demand" implies that
- 9Which of the following best explains how scarce resources are allocated in a free market economy?
- 10
Which of the following shows the change in automobile supply as a result of the improvement of production technology?
- 11
Which of the following refers to the increase in demand for a consumer, due to the increase in real income as a result of the decrease in the price of a good?
- 12In an economy, assume that the market equilibrium price of milk is 25 TL per liter. What is the most likely outcome if the government sets a price ceiling of 18 TL per liter?
- 13Which of the following statements is incorrect?
- 14
When there is an excess supply of a product in an unregulated market, the tendency is for
- 15The market supply and demand equations for a good are as follows:
-
Demand:
-
Supply:
-
- 16
Which of the following refers to the product whose demand decreases as the income of consumers increases?
- 17
Which of the following is not one of the factors affecting supply?
- 18
Equilibrium is the condition that exists:
- 19In an economy with a negatively sloped demand curve, the demand for good X has increased from 30 units to 40 units, which of the following is definitely true?
- 20Which of the following causes the supply curve to shift to the right?