Introductıon to Economıcs I (ENG)
Ünite Sınavı Soruları
- 20 soru
- Soru metinleri açık; şıklar ve cevap anahtarı uygulamada
- 1
Which of the following graph does represent the total revenue in perfect competitive market?
- 2
Which of the following market structure can best describe the market for wheat ?
- 3
If a firm sells its output on a market that is characterized by many sellers and buyers, a differentiated product, moderate barriers to entry the market, then the firm is
- 4
Which is the long run price level for this competitive firm?

- 5
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?
- 6
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?
- 7
In an adjustment from short-run to the long run, some competitive firms will leave the industry if the price is less than
- 8
In a perfectly competitive market, a firm`s demand curve is
- 9
At a price of $4 what will the competitive firm do?

- 10A 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?
- 11
Which statement on long-run firm decisions in a perfectly competitive market is true?
- 12
What is the price of product at profit maximizing output level for this competitive firm?

- 13
Which assertion on market types below is true?
- 14
Which of the following conditions, new firms decide to enter the competitive market?
- 15
Which statement below is true for the marginal profit at the profit-maximizing level of output?
- 16
Which of the following market structure has slightly differentiated products, moderate level barriers to entry and many firms?
- 17
Which of the following does tell how total revenue changes as the quantity changes?
- 18
Which is a true statement on market structures?
- 19
Which of the following graph does represents the perfectly compettive firm's demand curve?
- 20
Which below is true on market structures?