IKT 217 • Final • Microeconomic Theory I

Production Process (Marginal Product, Average Product, Total Product)

Returns to Scale

Profit Maximization for Inputs

Question

Question

Question

Cost Minimization and TRS

Isoquant and Isocost Curves

Question 1

Question 2

Types of Costs 1

Types of Costs 2

Types of Costs 3

Profit Maximization

Perfect Competition

Profit and Loss in Perfect Competition

Örnek Sorular: Profit and Loss in Perfect Competition

"Shut down" & "Exit" Decisions

Pareto Efficiency for Perfect Competition

Question 1

Question 2

Question 3

Question 4

Price Ceiling (Tavan Fiyat) ve Örnek Soru

Price Floor (Taban Fiyat) ve Örnek Soru

Tax Incidence

Consumer Surplus & Producer Surplus I

Consumer Surplus & Producer Surplus II

Cost of Taxation

Cost of Taxation (Laffer Curve)

Problem I

Problem II

Problem III

Problem lV