Industrıal Economıcs (ENG)
Deneme Sınavı Soruları
- 20 soru
- Cevap anahtarı açık: çöz, sonucunu gör
- 1
What does group pricing, within the context of third-degree price discrimination, involve?
- 2
Under third-degree price discrimination, what is the key condition for profit maximization when a firm can divide its markets into two groups?
- 3
How does the Federal Trade Commission define price-fixing in the context of regulating competitive behavior in the markets?
- 4
Cartels are most likely to be found in which market structure?
- 5
What is a characteristic of perfect competition?
- 6
What is the most critical aspect of market structure that determines the degree of competition?
- 7
Which of the following means that if a firm sets different prices, consumers who buy at a lower price resell the product to other consumers who pay a higher price?
- 8
According to the neo-classical theory in Industrial Economics, what is the primary objective of firms?
- 9
How does the cost function relate to the profit of a firm?
- 10
Oligopoly is characterized by:
- 11
In a limited liability company, what is the extent of personal liability for the owners?
- 12
Calculate the level of production that maximizes the profit of a good with an inverse demand function P = 150 – Q and a total cost function TC = 40Q.
- 13
Which of the following is an “irrationally” low pricing set by a firm to deter rival firms from competing and ultimately to drive them out of the market?
- 14
Which of the following is the equation that determines the profit-maximizing price?
- 15
Which of the following, refers to the ability of the player being better than the competitors due to having the chance to choose its strategy before the competitors in sequential games?
- 16
Which of the following is NOT mentioned as a factor determining market structure?
- 17
….. is a type of predatory conduct with the ultimate aim of driving the rivals out of the market, ….. is a strategy to preempt potential rivals from entering the market, to begin with. Which of the following completes the sentence above?
- 18
Consider a market with an incumbent firm(I) and a potential entrant(E). The inverse market demand function is P = 150 - Q. While the total cost function of the incumbent is defined as TCı = 40 . qI, that of the entrant is TCE = 100 + 50qE, hence, there is a sunk cost associated with the entry. Use the Stackelberg model to find the equilibrium profit of firm I.
- 19
Which of the following is not a condition of Price Discrimination?
- 20
The classification of types of price discrimination was first proposed by whom?