PPSC FPSC Lecturer Economics Online Test 19 Solved 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.

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.

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Test Instructions:-
Test Name Lecturer Economics 
Subject Economics Test 19
Test Type MCQs
Total Questions 25
Total Time 20 Minutes
Total Marks 100
0%

You have 20 minutes to pass to the quiz.


PPSC LECTURER OF ECONOMICS ONLINE PRACTICE TEST NO. 19

1 / 25

Who introduced the concept of IC for the first time in 1881:

2 / 25

f MUx/Px > MUy/Py, the consumer will:

3 / 25

The convex IC shows the .................... marginal rate of substitution:

4 / 25

IC shows different combinations of two goods that yield:

5 / 25

When total utility falls, Marginal utility becomes:

6 / 25

If MUx/Px = MUy/Py, the consumer will:

7 / 25

Ordinal Approach to consumer behavior is also known as:

8 / 25

Marginal utility is defined as:

9 / 25

In cardinal Approach, Leon Walras had derived consumer demand curve for goods X from

10 / 25

When price falls, marginal utility of money:

11 / 25

When total utility increases at decreasing rate, Marginal Utility

12 / 25

If MUx/Px < MUy/Py, the consumer will:

13 / 25

According to neo-classicals utility can be:

14 / 25

Sir Jhon Richard Hicks was a ........................... economist:

15 / 25

Ordinal approach to consumer behavior implies that, utility cannot be measured:

16 / 25

In cardinal Approach, Alfred Marshal had derived consumer demand curve from goods X from

17 / 25

What is law of equi marginl utility?

18 / 25

The slope of IC is called:

19 / 25

Total utility increases at ....................................rate:

20 / 25

Ordinal Approach to consumer behavior is presented by ..............economist

21 / 25

Marginal rate of substitution is defined as:

22 / 25

IC stands for:

23 / 25

Consumer equilibrium in law of equi marginal utility of cardinal approach of consumer behaviour

24 / 25

What is law of diminishing marginal utility?

25 / 25

Cardinal Approach theory measures the utility:

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