Deneme Sınavı Soruları

Who is the founder of neoclassical theory of general equilibrium?

Which of the following shows the players’ winnings and losses for each possible strategy?

I. If someone has car insurance then she might drive recklessly, this can be termed as moral hazard.

II. Moral hazard occurs when insurance gives incentives to people to engage in fraudulent behavior.

III. When people who know their car, house, etc. are covered by insurance then they take more precautions this is called moral hazard.

What can be said to be true about moral hazard?

Choose the option that completes the following sentence correctly.

"A person with convex utility function is called a ..........."

What is a set of strategies in which each player does the best they can, given their opponent’s strategies?

Which of the following is not a characteristic of the Cournot Model?

1. Price (P)
2. Marginal revenue (MR)
3. Average Revenue (AR)

For a firm in a perfectly competitive market, which of the variables above are equal?

Choose the option that completes the following sentence correctly.

".......... equilibrium framework describes how a market for a particular good is cleared through price movements."

Choose the option that completes the following sentence correctly.

"The state of simultaneous clearance of all goods and factor markets at a certain set of prices is called ..........."

In this equation of total costs, TC = TFC + TVC, what does TVC stand for?

 The state of simultaneous clearance of all goods and factor markets at a certain set of prices is called _____________________.

Which term is explained by the above sentences?

Which of the following is a set of strategies in which each player does the best he can, given his opponent’s strategies?

Not knowing the exact quality of a product we are going to buy as well as the seller implies that…

Which of the following sets of goods are complements?

Change in the quantity demanded of a good in response to a change in the price in its price, keeping the satisfaction level of the consumer constant, is called the ................. effect.

Which of the following is used by economists to explain an economic or social phenomenon?

Which of the following theories assume(s) that the profit maximization assumption is unrealistic?

The drugs to treat cancer have a very low income elasticity, often much closer to _______ , making them ________ .

________ is a curve representing all combinations of commodity bundles that provide the same level of satisfaction to a consumer.

Which of the following fills the blank in the sentence above?

What is the unit of measurement of utility when utility is assumed to be cardinal.