Soal OSN Ekonomi Tahun 2024 Tingkat Nasional
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1. Which statement is correct related to Adam Smith?...
A. Adam Smith believed in the role of the government to improve societal welfare.
B. Adam Smith believed that all markets were characterized by perfect competition.
C. Adam Smith argued that economic agents were guided entirely by self-interest.
D. Adam Smith claimed that coordination among a large number of economic actors (producers, transporters, sellers, consumers), often unknown to one another, will not spontaneously arise without any person or institution consciously attempting to create or maintain it.
E. Adam Smith believes that gold is the source of wealth in every country
Jawaban A
2. A firm is a way of organizing production with the following characteristics, except…
A. One or more individuals own a set of capital goods that are used in production.
B. They pay wages and salaries to employees.
C. They direct the employees (through the managers they also employ) in the production of goods and services.
D. The goods and services are the property of the owners.
E. They sell the goods and services on markets with the intention of making a profit and promote social welfare
Jawaban E
3. Which option is incorrect about Arthur Lewis?...
A. Arthur Lewis investigated questions that were asked by the first economists.
B. The Lewis model assumes that the supply of labour to the capitalist sector is unlimited.
C. In the Lewis model, income per capita rises when workers move from the subsistence sector to the capitalist sector.
D. One aspect of the Lewis model is the profit-seeking motives of the capitalist sector.
E. At the London School of Economics, he was the student of another great economist, Friedrich Hayek
jawaban B
4. In the period between 1600 and 1750 (before the Industrial Revolution took off in Britain), India’s GDP per capita was…
A. declining, because agricultural productivity was declining, and most people were working in agriculture
B. declining, because the formerly booming textile industry was being out-competed by British textiles
C. rising, because the domestic textile industry was booming, and more people worked in industry than in agriculture
D. closer to the level of British GDP per capita than it was two hundred years later between 1900 and 1970.
E. closer to the level of British GDP per capita than it was two hundred years later between 1945 and 1985.
Jawaban A
5. You are a taxi driver in Melbourne who earns A$50 for a day’s work. You have been offered a one-day ticket to the Australian Open for A$40. As a tennis fan, you value the experience at A$100. With this information, what can we say?...
A. The opportunity cost of the day at the Open is A$40.
B. The economic cost of the day at the Open is A$40.
C. The economic rent of the day at the Open is A$10.
D. You would have paid up to A$100 for the ticket.
E. The opportunity cost of the day at the Open is A$90.
Jawaban C
6. Which statement is incorrect related to theory of portfolio choice? Holding all other factors constant:
A. The quantity demanded of an asset is positively related to wealth
B. The quantity demanded of an asset is negatively related to wealth
C. The quantity demanded of an asset is positively related to its expected return relative to alternative assets
D. The quantity demanded of an asset is negatively related to the risk of its returns relative to alternative assets
E. The quantity demanded of an asset is positively related to its liquidity relative to alternative assets
Jawaban B
7. When acquiring a ticket for a play takes a significant amount of time, the true economic cost of that ticket would include all of the following factors except…
A) the amount of time spent acquiring the ticket.
B) the transportation cost of the person acquiring the ticket.
C) the utility provided by seeing the play.
D) the earning power of the person acquiring the ticket.
E) the purchase price of the ticket.
Jawaban C
8. The government imposes a price floor on rice that is below the market price. You are asked to suggest a rationing scheme that will minimize the misallocation of resources. You suggest…
A) using rationing coupons that cannot be resold.
B) using rationing coupons that can be resold.
C) using a queuing system to compensate for the excess demand.
D) applying a first-come, first-served queuing mechanism
E) that no rationing system will be necessary.
Jawaban E
9. Which of the following, if true, would most effectively back the argument that raising cigarette taxes reduces the number of people who smoke cigarettes?...
A) The demand for cigarettes is relatively inelastic.
B) The demand for cigarettes is relatively elastic.
C) The supply for cigarettes is relatively inelastic.
D) The supply for cigarettes is relatively elastic.
E) Both the demand and the supply for cigarettes are relatively inelastic.
Jawaban B
10. If a certain market were a monopoly, then the monopolist would maximize its profit by producing 4,000 units of output. If, instead, that market were a duopoly, then which of the following outcomes would be most likely if the duopolists successfully collude?...
a. Each duopolist produces 1,500 units of output.
b. Each duopolist produces 4,000 units of output.
c. Each duopolist produces 5,000 units of output.
d. One duopolist produces 2,400 units of output and the other produces 1,600 units of output.
e. One duopolist produces 3,000 units of output and the other produces 1,500 units of output.
Jawaban D
11. The ratio of the marginal utility of coffee to the marginal utility of donuts is four for an individual maximizing utility. This implies that ….
A) a donut is four times more valuable than a cup of coffee.
B) the coffee to donuts price ratio is one to four.
C) the coffee to donuts price ratio is four to one.
D) this person always eats four donuts with a cup of coffee.
E) this person can only eat four donuts and have one cup of coffee.
Jawaban C
12. Assuming that charitable giving is a normal good, the income effect of a decrease in personal tax rates would lead to…
A) less giving because giving to charity would become more expensive relative to other goods.
B) more giving because giving to charity would become less expensive relative to other goods.
C) more giving because households would have more disposable income.
D) less giving because households would spend that money on luxury goods.
E) less giving because the person does not want to pay more taxes.
Jawaban C
13. Toby tells you that he prefers hamburgers to hot dogs, hot dogs to tacos, and hamburgers to tacos. This violates what assumption made when analyzing consumer preferences?...
A) that more is better
B) that there is a diminishing marginal rate of substitution
C) that consumers are rational
D) the consumers can compare and rank all possible market baskets
E) This does not violate any assumptions relating to consumer preference.
Jawaban E
14. A firm is operating such that the marginal product of labor is 10 and the marginal product of capital is 20. The firm is minimizing its costs only if ….
A) the wage is half the rental rate.
B) the rental rate is half the wage.
C) since capital is more productive than labor, the firm must be minimizing cost.
D) since labor is cheaper, the firm will substitute labor for capital.
E) Given this information the firm can't be minimizing cost under any circumstances.
Jawaban A
15. When Rania drives to work every morning, she drives on a congested highway. What Rania does not realize is that when she enters the highway each morning she increases the travel time of all other drivers on the highway. In this case, the external cost of Rania's highway trip…
(A) increases the social cost above the private cost.
(B) lowers the social cost below the private cost.
(C) increases the social value above the private benefit.
(D) decreases the social value below the private benefit.
(E) Increases both the social cost and the social value simultaneously
Jawaban A
16. Assume that a profit-maximizing firm is perfectly competitive in both the output and the factor markets and is at its long-run equilibrium. The firm’s output is 100 units, its total revenue is $600.00, and the fixed cost of production is $50.00. Based on this information, which of the following is true for the firm?...
(A) Its marginal cost is $5.50, and its average total cost is $5.50.
(B) Its marginal cost is $5.50, and its average variable cost is $5.50.
(C) Its marginal cost is $6.00, and its average total cost is $5.50.
(D) Its marginal cost is $6.00, and its average fixed cost is $5.50.
(E) Its marginal cost is $6.00, and its average variable cost is $5.50.
Jawaban B
17. A farmer grows wheat using two inputs: labor and land whose prices are constant. If she doubles her inputs, she finds that the quantity of wheat produced more than doubles. Therefore, it must be true that in this output range her long-run average total cost curve is
a. downward sloping
b. upward sloping
c. horizontal
d. vertical
e. U-shaped
Jawaban A
18. If the average variable cost of producing 5 units of a good is $100 and the average variable cost of producing 6 units is $150, then the marginal cost of increasing output from 5 to 6 units is ….
(A) $50
(B) $250
(C) $300
(D) $400
(E) $900
Jawaban D
19. Promoters of a rock group know that if they charged $8 a ticket, 400 people would buy tickets for a concert, and if they charged $4 a ticket, 800 people would buy tickets. Over this price range, the demand for the concert tickets for the rock group is ….
(A) elastic
(B) inelastic
(C) unit elastic
(D) perfectly elastic
(E) perfectly inelastic
Jawaban A
20. At a firm’s current rate of output, the marginal cost is $65, the average variable cost is $35, the average fixed cost is $30, and the product price is $65. Which of the following statements is true for the firm?...
A. Economic profits are zero because marginal revenue equals marginal cost.
B. Economic profits are negative because total revenue is less than total cost.
C. Economic profits are positive because total revenue is greater than total cost.
D. Economic profits are negative because price is greater than average variable cost.
E. Economic profits are zero because price equals average total cost.
Jawaban E
Silahkan downoad melalui link berikut :
| Nama | Tingkat | Tahun | Link |
|---|---|---|---|
| Soal OSN Ekonomi | Nasional | 2024 | Download |
| Soal OSN Ekonomi | Provinsi | 2024 | Download |
| Soal OSN Ekonomi | Kabupaten | 2024 | Download |