Lecturer Economics Important MCQs online Test No. 48

Lecturer Economics MCQs / , ,

Given below on this Website Online Free Taleem is free online MCQ’s test related to PPSC of Lecturer Economics. All the individuals who are going to appear in PPSC Lecturer of Economics written test can attempt these tests in order to prepare for it in best possible way. Our tests include all the important questions MCQs of Lecturer of PPSC Economics, all Past Papers of Lecturer of Economics PPSC  that have extremely high amount of chances for been included in the actual exam which make our test undoubtedly the best source of preparation.

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There will be 25 multiple choice question in the test.
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Test Instructions:-
Test Name Lecturer Economics 
Subject Economics Test 48
Test Type MCQs
Total Questions 25
Total Time 20 Minutes
Total Marks 100
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You have 20 minutes to pass to the quiz.

Lecturer Economics Online Test No. 48

1 / 25

When demand is perfectly inelastic, an increase in price will result in.

2 / 25

When MU = 0, TU is:

3 / 25

If quantity demanded is completely unresponsive to changes in price, demand is:

4 / 25

A consumer's spending is restricted because of:

5 / 25

The following are causes of shift in demand EXCEPT the one.

6 / 25

If demand is unitary elastic, a 255 increase in price will result in.

7 / 25

Diminishing marginal utility is the basis of:

8 / 25

Indifference curves are convex to the origin because:

9 / 25

Utility and usefulness are.

10 / 25

Demand curve slopes downward because of the law of:

11 / 25

Equilibrium is explained by.

12 / 25

Law of Equi-marginal Utility is a law of:

13 / 25

Law of demand shows relation between:

14 / 25

Utility is most closely related to the term.

15 / 25

Law of substitution is another name for law of.

16 / 25

If elasticity of demand is very low it shows that the commodity is.

17 / 25

Price of a product falls by 10% and its demand rises by 30%. The elasticity of demand is.

18 / 25

This is an assumption of law of demand.

19 / 25

Normally a demand curve will have the shape.

20 / 25

MU curve:

21 / 25

If a person consumes goods X and Y and maximizes total utility, then MU per rupee from the two goods must be.

22 / 25

When MU is positive, TU:

23 / 25

Quality of a commodity that satisfies some human want or need is called.

24 / 25

Other things equal, if a good has more substitutes, its price elasticity of demand is.

25 / 25

If a consumer moves upward along an indifference curve, his total utility.

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