PPSC Lecturer Economics Important MCQs online Test No. 49

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 49
Test TypeMCQs
Total Questions25
Total Time20 Minutes
Total Marks100
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You have 20 minutes to pass to the quiz.

You have 20 minutes to pass to the quiz.


Lecturer Econmoics Online Test No. 49

1 / 25

It described the law of supply.

2 / 25

The demand of a commodity having many substitutes is.

3 / 25

A seller can increase his sales revenue by charging a lower price, if the demand has.

4 / 25

To say that two goods are unrelated, their cross price elasticity of demand should be.

5 / 25

The elasticity of demand of durable goods is.

6 / 25

Supply curve:

7 / 25

If price elasticity of demand is very low, the commodity is.

8 / 25

Market demand curve is a summation of all individual demand curves as.

9 / 25

Price and demand are positively correlated in case of:

10 / 25

Which one can cause a change in demand:

11 / 25

Which one is not determinant of demand.

12 / 25

If demand has unit price elasticity, a change in price causes.

13 / 25

Supply curve will shift when.

14 / 25

If elasticity of supply is greater than one. Supply curve will be.

15 / 25

Demand is a function of:

16 / 25

If price changes by one % and supply changes by 2% then supply is.

17 / 25

Cross elasticity for Suzuki and Honda cars will be:

18 / 25

Price elasticity of demand measures.

19 / 25

An increase in demand would cause supply curve to.

20 / 25

Which of is increasing function of price.

21 / 25

During particular year farmers experienced a dry weather, if all other factors fremain constant, farmers supply curve for wheat will shift to:

22 / 25

When price elasticity of demand for normal goods is calculated, the value is always.

23 / 25

Income elasticity of demand for normal good is always.

24 / 25

A horizontal demand curve has a price elasticity of:

25 / 25

If price and total revenue move in the same direction, then demand is:

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