SPSC Most Important Lecturer Commerce Online Test No. 66

Online Free Taleem is free online MCQ’s test related to Lecturer Commerce. All the individuals who are going to appear in PPSC, FPSC, KKPSC, SPSC, BPSC, AJ&KPSC, NTS, Lecturer Commerce written test can attempt these tests in order to prepare for it in best possible way. Our tests of Lecturer of Commerce include all the important questions and Past Paper of  Lecturer Commerce, that have extremely high amount of chances for been included in the actual exam which make our test undoubtedly the best source of preparation.


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.

Please Click Below START  Button to Take this Commerce Test Online.

Test Instructions:-
Test Name Lecturer Commerce
Subject Commerce Test 66
Test Type MCQs
Total Questions 25
Total Time 20 Minutes
Total Marks 100

You have 20 minutes to pass to the quiz.

Lecturer Commerce Online Test No. 66

1 / 25

If quantity demanded is completely unresponsive to changes in price, demand is:

2 / 25

Quality of a commodity that satisfies some human want or need is called.

3 / 25

Utility and usefulness are.

4 / 25

Law of demand shows relation between:

5 / 25

When demand is perfectly inelastic, an increase in price will result in.

6 / 25

When MU = 0, TU is:

7 / 25

Price of a product falls by 10% and its demand rises by 30%. The elasticity of demand is.

8 / 25

Law of substitution is another name for law of.

9 / 25

When MU is positive, TU:

10 / 25

Demand curve slopes downward because of the law of:

11 / 25

A consumer's spending is restricted because of:

12 / 25

This is an assumption of law of demand.

13 / 25

The following are causes of shift in demand EXCEPT the one.

14 / 25

If demand is unitary elastic, a 255 increase in price will result in.

15 / 25

Law of Equi-marginal Utility is a law of:

16 / 25

Normally a demand curve will have the shape.

17 / 25

Utility is most closely related to the term.

18 / 25

If elasticity of demand is very low it shows that the commodity is.

19 / 25

Other things equal, if a good has more substitutes, its price elasticity of demand is.

20 / 25

Indifference curves are convex to the origin because:

21 / 25

Equilibrium is explained by.

22 / 25

MU curve:

23 / 25

If a consumer moves upward along an indifference curve, his total utility.

24 / 25

If a person consumes goods X and Y and maximizes total utility, then MU per rupee from the two goods must be.

25 / 25

Diminishing marginal utility is the basis of:

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