Deneme Sınavı Soruları

Which of the following is not considered as part of accounting costs?

In a perfectly competitive market firms and consumers are _____________ . This means that all economic agents take the market-determined ________ as given for their economic behavior.

What is the sum of all possible outcomes weighted, where each possible value is weighted by its respective probability?

“It requires that total consumption expenditures on different goods be equal to total income of the household (from ownership of the factors of production)”.

Which term is explained by the above sentences?

Monopoly is a type of market that has the same profit maximization rule as the competitive market, which is _______ . In a monopoly, however, there is only a single seller of a homogenous product with no close ___________ . This means that no other firm can produce an item that fulfills the needs of the consumers as the monopolist's product does.

_________________ states that in a general equilibrium model with n perfectly competitive (product and factor) markets, the following equation always holds:

i=1 n Σpi.EDi ( p) = 0 (9) where p is an nx1 vector of prices, pi is the price prevailing in the ith market, and EDi is the excess demand in that market (expressed as a function of all prices).

What is the name given to this market if there is only one firm to produce a homogeneous good with no close substitutes in a market?

1. It is the negative of the slope of production possibilities frontier.
2. It shows how big a drop in the production of Y is required to increase production of X by one unit.
3. It measures the opportunity cost of increasing the output of one good in terms of the other good.

Which of the above is/are true regarding marginal rate of product transformation ?

What is the name that the loss of a part of consumer and producer surpluses because the output level is less than the competitive output level and the price is higher than the competitive price in an imperfect competitive market?

Which of the following is defined as the constraint limiting the spending capacity of the household?

Which of the following is true about efficiency in output mix?

I. Productive efficiency alone is sufficient to establish efficiency of general competitive equilibrium.

II. The right mix of products that comply with consumers’ choices must be produced to satisfy demand for the goods produced.

III. Obviously, no matter how technically efficient it may be, production of goods that are not demanded by anyone is useful.

Which of the following generally best describes economic decisions under uncertainty

Which is equal to marginal revenue product of labor (MRP_L) ?

As a consumer which of the following you pursue?

Which of the following is shown by a model?

Ford offered a 20% discount off the average list price of Egea model in December. This reduction in price increased the sales of Egea model by 40% over the previous month’s level. 

What is the price elasticity of demand for Egea model?

In a model of y=a+bx+cw+dz, which of the folowing is a constant parameter?

Which of the following is/are the reason(s) why the behavior of firms important? Why is it important to know how firms behave?

1. to predict the effects of productivity growth on the levels of output, prices, and employment
2. to analyze why there are only a few firms in a given sector
3. to analyze how the income distribution may change as a results of a decline in the number of firms in the market

I) Indifference curves are concave to the origin. 

II) Indifference curves never intersect each other

III) Indifference curves have a positive slope

Which of the following is true about indeference curves?

Which of the following statements is true regarding the income-consumption curve?