PPSC Lecturer Economics Test 5 Online Preparation MCQs

Utility is defined as……………..

The demand for labor slopes down and to the right because of:

Skills that can be transferred to other employers are called:

Which is a monetary measure to increase employment?

Which skills are most likely to be paid for by the employer?

The theories of consumer behavior explain that:

“Treating an individual as typical of a group” is the definition of:

If worker A earns more in wages than worker B, it could be because:

The demand for labor will be more elastic if:

Excess Capacity implies that there is ………… where firm can produce optimally:

Which of the following best defines price discrimination?

Which of the following is a characteristic of pure monopoly?

The demand for labor is the same as the:

Which of the following is necessary for a natural monopoly?

In price discrimination, which section of the market is charged the higher price?

Which of the following concepts represents the extra revenue a firm receives from the services of an additional unit of a factor of production?

There are two theories of consumer behavior i.e.

In order to practice price discrimination, which of the following is needed?

Treasury bill is used for:

In order to maximize profits, a monopoly company will produce that quantity at which the:

In pure monopoly, what is the relation between the price and the marginal revenue?

Every country establishes central bank to:

Skills that embodied in a person are called:

Which of the following is true about the way by which SDG&E has been regulated by the PUC?

 Compared to the case of perfect competition, a monopolist is more likely to: