Introductıon to Economıcs I (ENG)
Ünite Sınavı Soruları
- 20 soru
- Soru metinleri açık; şıklar ve cevap anahtarı uygulamada
- 1
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?
- 2
Which of the following is the cost that a firm faces, not depending on the production level?
- 3
What is the term used for the additional revenue that a firm earns when it increases production by one more unit?
- 4
Choose the option that completes the following sentence correctly.
"The total revenue of a firm is the .......... times the quantity sold by the firm."
- 5
Which of the following is the best alternative that we give up when we choose or decide?
- 6
What is the marginal product of Labor, if the daily production amount reaches 750 units from 600 units when the amount of variable input used in the production of a good is increased from 120 to 150 units?
- 7
Which of the following is the cost of producing the last unit of output?
- 8
Which of the following is/are the curve(s) that the marginal cost curve intersects at its minimum points?
- 9
Which of the following is the additional output produced when a small amount of additional labor is employed with all other inputs remaining the same?
- 10
Which of the following is the ratio of change in total revenue to a slight change in quantity?
- 11
What is the amount of money a firm receives from the sale of output called?
- 12
Which of the following is true about the point where the TVC is the least steep?
- 13
What is term used for the costs that are direct expenditures or the price paid plainly for a project?
- 14
Which of the following costs tells us the cost per unit?
- 15
Which of the following costs do not depend on the level of production?
- 16
Marginal revenue will always be equal to ...
- 17
At what point does the marginal cost curve intersect the average total cost curve?
- 18
What kind of revenue does a firm earn when it increases production by one more unit?
- 19
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?
- 20
Which of the following will decrease as the production output increases?