PPSC FPSC Lecturer Economics Online Test 24 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 24
Test TypeMCQs
Total Questions25
Total Time20 Minutes
Total Marks100
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You have 20 minutes to pass to the quiz.


PPSC LECTURER OF ECONOMICS ONLINE PRACTICE TEST NO. 24

1 / 25

in long-run if fixed cost of monopolist increases, the monopolist will continue production if fixed cost................. profit:

2 / 25

Imposition of sales tax on monopolist firm ................ output and.................... price:

3 / 25

In Monopoly the demand curve of firm is:

4 / 25

If market supply is perfectly elastic the whole tax burden will be borne by the:

5 / 25

There are............................. equilibrium condition for the monopolist:

6 / 25

In monopoly, the effect of lump-sum tax and profit tax is similar to the effect of change in:

7 / 25

If the fixed cost of monopolist increases there will be ............... price and output:

8 / 25

In perfect competition, increase in profit tax ............................profit:

9 / 25

The second equilibrium condition for monopolist is:

10 / 25

The monopolist earn excess profit even in long-run because there is:

11 / 25

If the variable cost of monopolist increase the output will increase and price may:

12 / 25

Monopoly is a market structure where there is:

13 / 25

Average revenue of the monopolist is equal to ...............or ......................

14 / 25

If market supply curve is more elastic to price, the consumer will bear................. proportion of tax:

15 / 25

Total revenue of monopolist is ............................. into ....................

16 / 25

The marginal revenue of monopolist is derived by the change in .................divided by the change in....................

17 / 25

The monopolist is a price:

18 / 25

If market supply is perfectly inelastic the whole tax burden will be borne by the:

19 / 25

The first equilibrium condition for the monopolist is:

20 / 25

If variable cost of monopolist increase, output will also increase but the price may remain constant, increase or decrease because firm is price:

21 / 25

In perfect competition and in short-run case, if specific sales tax is applied the MC (which is also the supply curve of the firm) curve will shift upward to the left, output will ...........................at the going price:

22 / 25

In perfect competition, effect of lump-sum tax is considered same as the effect of change in..................cost:

23 / 25

If market supply is less elastic the consumer will bear ..................... proportion of tax:

24 / 25

In perfect competition, specific sales tax effect the .......................... cost:

25 / 25

In perfect competition, the effect of profit tax is considered as the change in average.............. cost and.................... tax:

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