PPSC FPSC Lecturer Economics Online Test 22 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 NameLecturer Economics 
SubjectEconomics Test 22
Test TypeMCQs
Total Questions25
Total Time20 Minutes
Total Marks100
0%

You have 20 minutes to pass to the quiz.

You have 20 minutes to pass to the quiz.


PPSC LECTURER OF ECONOMICS ONLINE PRACTICE TEST NO. 22

1 / 25

Mathematically, Marginal Cost is equal to change in.................... divided by change in output:

2 / 25

For which of the following market structures is it assumed that there are barriers to entry?

3 / 25

In perfect competition the goal of firm is:

4 / 25

In perfect competition the best approach to measure profit maximization is ......................... approach:

5 / 25

In Perfect Competition firms are Price:

6 / 25

In perfect competition, government intervention is:

7 / 25

Average Variable Cost curve and Average Total Cost curve are ....................shaped:

8 / 25

In perfect competition, Firm maximizes it profit when total cost is................................. total revenue:

9 / 25

In perfect competition, there is ........................ entry and exit of firms:

10 / 25

Average Variable cost is equal to:

11 / 25

The minimum point of Average total cost curve occurs ......................the minimum point of Average Variable Cost Curve:

12 / 25

In perfect competition, The first condition of firm equilibrium is:

13 / 25

In perfect Competition there is large number of:

14 / 25

In perfect competition firms are price taker because of:

15 / 25

In perfect competition, there is ................... mobility of factors of production:

16 / 25

Otal Variable Cost Curve and Total Cost curve is ........................... shaped:

17 / 25

Graphically, Marginal Cost curve cuts average total cost curve and Average variable cost curve from its .............................. point:

18 / 25

If marginal cost is greater than marginal revenue it implies that profit is being:

19 / 25

Perfect competition is defined as the ..................... of rivalry:

20 / 25

Long Run Cost is also known as ....................... cost:

21 / 25

If Marginal cost is equal to marginal revenue it implies that profit is:

22 / 25

Graphically, Marginal Cost curve is slope of............................. curve:

23 / 25

If Marginal cost is greater than marginal revenue it implies that profit is:

24 / 25

In Traditional Cost Theory, Total Cost is equal to:

25 / 25

Average Total Cost is equal to:

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