PPSC Lecturer Economics Important MCQs online Test No. 54

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There will be 25 multiple choice question in the test.
Answer of the questions will change randomly each time you start this test.
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Test Instructions:-
Test Name Lecturer Economics 
Subject Economics Test 54
Test Type MCQs
Total Questions 25
Total Time 20 Minutes
Total Marks 100

You have 20 minutes to pass to the quiz.

Lecturer Economics Online Test No. 54

1 / 25

Economies and diseconomies determine the shape of.

2 / 25

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

3 / 25

Law of decreasing returns generates.

4 / 25

The major difference between perfect competition and monopolistic competition is.

5 / 25

When marginal revenue is zero, total revenues is.

6 / 25

This kind of market is undesirable.

7 / 25

Marginal product indicates.

8 / 25

Which is a condition for existence of monopoly.

9 / 25

Internal economies of scale include.

10 / 25

Which of the following markets comes closest to perfect market.

11 / 25

Which of the following is one of the. assumptions of perfect competition.

12 / 25

Laws of return apply to firms working in.

13 / 25

Economies of scale are f two kinds.

14 / 25

The production function relates to.

15 / 25

A joint stock company has.

16 / 25

When MP is zero, TP is.

17 / 25

A firm under perfect competition is.

18 / 25

The transformation of resources into economic goods and services is.

19 / 25

During short period, diminishing returns may follow because.

20 / 25

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

21 / 25

Under perfect competition MR and AR curves.

22 / 25

In an economy government constructed a new water reservoir for the purpose of irrigation this might be taken as.

23 / 25

To the economist, investment refers to.

24 / 25

When diseconomies of scale outweigh economies of scale the.

25 / 25

Marginal product curve intersects average product curve when AP curve is.

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