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Daha önce çıkmış sorular ve yeni eklenen sınavlar! Hemen keşfetmeye başlayın.

Final Sınavı - Introduction to Economics 1

Soru 1:

Factors outside the control of a firm that raise the firm`s costs as the market output increases are called:

Soru 2:

Natural monopoly occurs when:

Soru 3:

Which of the following is true for a consumer's optimum?

Soru 4:

Which of the following defines the optimum condition for a profit mazimizing firm?

Soru 5:

Which of the following statement is correct about the effect of the changes in the determinants of demand, other than price?

Soru 6:

Where does a firm achieves the maximum revenue?

Soru 7:

Which of the followings cannot be an example for capital?

Soru 8:

Which of the followings refers to the cost of producing the last unit of output?

Soru 9:

What is the next best alternative given up, to the out-of-pocket costs or explicit expenses?

Soru 10:

We are given a monopolist's demand schedule where: When P=9, Q=1. When the price decreases to P=8, Q becomes  Q=2. P and Q represent price and quantity demanded respectively. What is the value of marginal revenue (MR) when Q=2?

Soru 11:

Which of the following is true regarding a  representative firm in a perfect competitive market?

Soru 12:

Which of the followings refers to a market structure with only one producer/seller of a good and it does not act as a price taker but as a price setter?

Soru 13:

I. There are no positive or negative externalities. II. All buyers and sellers have perfect information. III. Consumer demand curves are based on willingness to pay.      All theoretical inferences about perfect competition depend on some critical assumptions. Which of the statements above is/are among these assumptions?

Soru 14:

Which of the following statements does not refer to a result caused when firms do not cooperate but instead selfishly pursue their own interests?

Soru 15:

The term marginal is used in economics to refer what?

Soru 16:

Suppose a certain firm is able to produce 1879354 units of output per day when 10 workers are hired. The firm is able to produce 1979355 units of output per day when 11 workers are hired (holding other inputs fixed). What is the marginal product of the 11th worker?

Soru 17:

If a demand curve is horizontal, which of the following statement is correct about its slope and its price elasticity?

Soru 18:

Which of the following refers to converting resources which are called inputs or factors of production into new goods and services called output over a period of time?

Soru 19:

Game theory is:

Soru 20:

7. A person regularly purchases the same brand of cheese. Suppose that the price of that brand of cheese goes down. Considering that this person will be left more money in his/her pocket what effect can be mentioned about in this case?