Deneme Sınavı Soruları

it has a constant slope.

it is concave downward.

it is convex downward.

it has a diminishing slope

it has an increasing slope.

Gamble

Utility

Paradox

Game

Risk

Total cost

 Total profit

Marginal cost

Marginal revenue

Total revenue

Total costs

Permanent costs

Variable costs

Fixed costs

Extra costs

Expenses that have been made and cannot be retrieved.

Expenses that have been collected.

Expenses that have been paid in full.

Expenses that are beyond avarege costs.

Expenses that have not been calculated.

Isoprofit lines 

The demand curves for a factor

Marginal revenue products

The (unconditional) demand function for capital

The economic profits

The players’ winnings and losses for each possible strategy.

A formal description of a strategic situation.

A set of strategies in which each player does the best they can, given their opponent’s strategies.

A utility function with constant marginal utility of wealth.

The expected value of utility over all possible outcomes.

Gamble

Value

Risk

Paradox

Utility

Total variable cost

Fixed cost

Sunk cost

Average cost

Marginal cost

Corporate taxes paid by firm.

Production technology.

Productivity of workers.

Wages paid to workers.

 Interest paid to capital.

Index path

Expense path

Diversion path

Expansion path 

Tangant path

Product markets are not cleared and resources are wasted.

The markets in the economy are in equilibrium simultaneously.

The economy is facing a supply side shock.

Consumers' demand for product X has increased due to a sudden change in preferences.

There is a mass emigration of the country’s labor force.

John von Neumann and Oskar Morgenstern.

Daniel Bernoulli.

Alfred Marshall.

John Nash.

G.A. Akerlof

Derivation

Elasticity

Linear function

Partial derivative

Differentiation

It is a graph containing a set of indifference curves that shows the bundles among which a consumer is indifferent.

It is a graph containing a set of indifference curves that shows the bundles among which a consumer is loyal.

It is a graph containing a set of declining curves that shows the bundles among which a consumer is different.

It is a graph containing a set of indifference curves that shows the bundles among which a consumer is unsatisfied.

It is a graph containing a set of indifference curves that shows the bundles among which a consumer is willing.

5

10

15

20

60

The concept of (technical) efficiency defines a relationship between actual output and potential output.

All firms operating on the production function produce a potential output and are not 100% technically efficient.

All firms operating on the isoquant produce the maximum potential output, and, by definition, are 100% technically efficient.

Technical efficiency is defined as the ratio between actual output and potential output. 

The profit maximization assumption of the neo-classical theory requires that all firms are 100% efficient.

Only I

Only II

Only III

I and II

I and III

a

b

c

d

sum of b, c, d.

Income-Consumption curve

The income effect

Engel curve

The substitution effect

Price-Consumption curve