2024–2025 Dönem Sonu Sınavı Çıkmış Soruları

1. The short-run market supply curve in a perfectly competitive market is - Which of the following completes the sentence above? A) the horizontal sum of the total cost curves of all the firms operating in an industry B) the horizontal sum of the average cost curves of all the firms operating in an industry C) the long-run market supply curve which is the average cost curve D) out of question since there is no short-run market supply curve E) the horizontal sum of the marginal cost curves (above the minimum of AVC) of all the firms operating in an industry

2. Given the fixed factor prices, when all inputs are raised at the same time by the same percentage, if the output increases less than the percentage increase in inputs means-- Which of the following completes the sentence above? A) technological improvement B) scope economies C) decreasing returns to scale D) constant returns to scale E) increasing returns to scale

3. For a cartel formation outcome which of the following statement will be correct? A) A cartel produces same quantity and charges same price as competitive market and creates no deadweight loss B) A cartel produces less than the monopoly quantity at the monopoly price and creates a higher deadweight loss C) A cartel produces monopoly quantity at the monopoly price and creates a deadweight loss D) A cartel produces competitive market quantity at the monopoly price and does not create a deadweight loss E) A cartel produces more than the monopoly quantity at the monopoly price and creates a deadweight loss

4. When there is an adverse (negative) technological change, what will be the effect of this change on labor demand? A) This change does not affect the MRPL curve, so the labor demand curve stands still B) It causes a movement along the labor demand curve from point B(wage2) to A(wage 1) C) This change shifts the MRPL curve to right, increasing labor demand D) This change shifts the MRPL curve to left, decreasing labor demand E) It causes a movement along the labor demand curve from point A(wage1) to B(wage2)

5. "The inability of the market to allocate society's scarce resources efficiently to the best uses" is identified by ----- Which of the following completes the sentence above? A) scarcity B) opportunity cost ar.net aot.sc C) efficiency D) market failure E) market power