PPSC Lecturer Economics Important MCQs online Test No. 54

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.


There will be 25 multiple choice question in the test.
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Test Instructions:-
Test NameLecturer Economics 
SubjectEconomics Test 54
Test TypeMCQs
Total Questions25
Total Time20 Minutes
Total Marks100

You have 20 minutes to pass to the quiz.

Lecturer Economics Online Test No. 54

1 / 25

During short period, diminishing returns may follow because.

2 / 25

This kind of market is undesirable.

3 / 25

The transformation of resources into economic goods and services is.

4 / 25

Law of decreasing returns generates.

5 / 25

Which of the following markets comes closest to perfect market.

6 / 25

Economies of scale are f two kinds.

7 / 25

Economies and diseconomies determine the shape of.

8 / 25

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

9 / 25

The production function relates to.

10 / 25

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

11 / 25

When MP is zero, TP is.

12 / 25

Which is a condition for existence of monopoly.

13 / 25

A joint stock company has.

14 / 25

A firm under perfect competition is.

15 / 25

Internal economies of scale include.

16 / 25

To the economist, investment refers to.

17 / 25

Marginal product indicates.

18 / 25

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

19 / 25

Laws of return apply to firms working in.

20 / 25

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

21 / 25

The major difference between perfect competition and monopolistic competition is.

22 / 25

When marginal revenue is zero, total revenues is.

23 / 25

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

24 / 25

When diseconomies of scale outweigh economies of scale the.

25 / 25

Under perfect competition MR and AR curves.

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