Deneme Sınavı Soruları

What can be said to combinations inside the  production possibilities frontier?

Which of the following is a person who refuses a gamble when the expected value is zero, therefore refuses fair gambles?

Choose the option that completes the following statement correctly.

".......... is the good that is chosen as the unit of measurement. All nominal values in a general equilibrium model can be expressed in terms of that good by dividing each of the other prices by its price."

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

Which of the following completes the sentence above?

I. Game theory is a branch of applied mathematics that models situations where payoffs arise from players’ strategic interactions with each other.

II.  In each game, players have certain gains and losses that they get as a result of each decision they make, which we call expected values.

III. In the game theory models, decision-makers are called players. In a game in strategic form, every one of the given possible actions of a player is called a strategy.

What can be said to be true about game theory?

I. Risk-seeking or Risk-taker, preferences described by a utility function with increasing marginal
utility of wealth.

II. Risk averse is a person who only agrees to a gamble when the expected value is zero, therefore agrees to fair gambles.

III. Risk Neutral, preferences are described by a utility function with the constant marginal utility of wealth.

Which of the given statement about attitudes towards risk can be said to be true?

There are infinitely many tangency points between –invisible– isoquants that lie in the interval between A and B.

What is the name of allocations that correspond to points of tangency between isoquants within this interval?

What is the term used for "when an increase in a firm’s scale of production causes lower average costs"?

If a firm increase the number of workers to produce more quantities of product that it produces, then which of the following will be true?

In which type of market the firms act as if they were monopolists even if their respective products exhibit slight differences?

Under what conditions of decision making, there will be no risk and uncertainty for participants?

What is economic cost? 

Which of the following is a gamble whose expected value is zero?

What is the result of a change in the price of a good considering a typical demand curve?

I) Price-Consumption Curve is the set of utility-maximizing commodity bundles traced out as the price of one commodity changes, ceteris paribus.

II) A change in the demand is the movement along the demand curve.

III) A change in the quantity demanded the shift of the entire demand curve

Which of the following is true for demand curve?

The Engel curve shows the relationship between which of the following pairs of variables?

As we move from left to right on the demand curve, which of the following will not take place?

What is the level of satisfaction an individual receives from consuming goods and services called?

Which of the following is the outcome of neutral technological change?

Which of the following is true according to the table above?