PPSC FPSC KPPSC BPSC SPSC NTS Commerce Online Test No. 74

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.

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Test Instructions:-
Test Name Lecturer Commerce
Subject Commerce Test 74
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. 74

1 / 25

The necessary condition for equilibrium position of a firm is.

2 / 25

In monopoly and perfect competition the cost curves are.

3 / 25

Union leaders are in a better position to bargain for higher wages if demand for labour is.

4 / 25

There are large number of sellers and buyers in the market but none is able to influence market price. Such a market is called.

5 / 25

Marginal revenue is always less than price at all levels of output in.

6 / 25

A firm should shut down in the short run if it is not covering its.

7 / 25

Normal profit is.

8 / 25

Economic profit is.

9 / 25

A monopoly firm is in equilibrium when.

10 / 25

Normally MR curve intersects MC curve at points.

11 / 25

A firm earns economic profit when total profit exceeds.

12 / 25

The basic goal of a firm is to.

13 / 25

Marginal revenue of a monopolist is.

14 / 25

When a competitive firm achieves long run equilibrium then.

15 / 25

The most efficient scale of production of a firm is where.

16 / 25

In the long run under perfect competition a firm produces at a point where.

17 / 25

A monopoly generally

18 / 25

The necessary condition for equilibrium of firm is.

19 / 25

Profit is maximum when.

20 / 25

A firm decides to exit the industry when.

21 / 25

Normal profit is called normal because.

22 / 25

Under perfect competition.

23 / 25

A firm decides to shut down production temporarily when.

24 / 25

If a firm shuts down temporarily, will incur loss equal to.

25 / 25

Sometimes the supply curve of labour bends.

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