Lecturer Economics Important MCQs online Test No. 48

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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.

Note:-

There will be 25 multiple choice question in the test.
Answer of the questions will change randomly each time you start this test.
Practice this test at least 5 times if you want to secure High Marks.
At the End of the Test you can see your Test score and Rating.
If you found any incorrect answer in Quiz. Simply click on the quiz title and comment below on that MCQ. So that I can update the incorrect answer on time.

Please Click Below START  Button to Take this Lecturer Economics Test Online.

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

MU curve:

2 / 25

When MU is positive, TU:

3 / 25

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

4 / 25

Indifference curves are convex to the origin because:

5 / 25

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

6 / 25

Law of demand shows relation between:

7 / 25

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

8 / 25

When MU = 0, TU is:

9 / 25

Normally a demand curve will have the shape.

10 / 25

Law of substitution is another name for law of.

11 / 25

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

12 / 25

This is an assumption of law of demand.

13 / 25

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

14 / 25

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

15 / 25

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

16 / 25

Utility is most closely related to the term.

17 / 25

Diminishing marginal utility is the basis of:

18 / 25

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

19 / 25

Demand curve slopes downward because of the law of:

20 / 25

A consumer's spending is restricted because of:

21 / 25

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

22 / 25

Law of Equi-marginal Utility is a law of:

23 / 25

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

24 / 25

Equilibrium is explained by.

25 / 25

Utility and usefulness are.

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