PPSC Lecturer Economics Test 16 Online Preparation MCQs

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.

Note:-

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.
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Test Instructions:-
Test Name Lecturer Economics 
Subject Economics Test 16
Test Type MCQs
Total Questions 25
Total Time 20 Minutes
Total Marks 100
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You have 20 minutes to pass to the quiz.


PPSC Lecturer of Economics Test 16

1 / 25

Bilateral monopoly is a market structure were is ..................and ............................ buyer:

2 / 25

The monopolist is a price:

3 / 25

The first equilibrium condition for the monopolist is:

4 / 25

Total revenue of monopolist is ......................... into .....................

5 / 25

If the variable cost of monopolist increase the output will increase and price may

6 / 25

In perfect competition and in short-run case, if specific sales tax is applied the MC (which is also the supply curve of the firm) curve will shift upward to the left, output will ........................ at the going price:

7 / 25

In monopoly, the effect of lump-sum tax and profit tax is similar to the effect of change in:

8 / 25

Monopoly is a market structure where there is:

9 / 25

Average revenue of the monopolist is equal to ....................or .....................

10 / 25

The monopolist earn excess profit even in long-run because there is:

11 / 25

Imposition of sales tax on monopolist firm .................. output and ....................... price:

12 / 25

The marginal revenue of monopolist is derived by the change in ...................divided by the change in...................

13 / 25

If the fixed cost of monopolist increases there will be .................. price and output:

14 / 25

if market supply curve is more elastic to price, the consumer will bear ....................proportion of tax:

15 / 25

There are .....................equilibrium condition for the monopolist:

16 / 25

In long-run if fixed cost of monopolist increases, the monopolist will continue production if fixed cost ............... profit:

17 / 25

In perfect competition, increase in profit tax ................. profit:

18 / 25

Single buyer in the market is called:

19 / 25

Single seller in the market is called:

20 / 25

In perfect competition, specific sales tax effect the .................. cost:

21 / 25

The second equilibrium condition for monopolist is:

22 / 25

In Monopoly the demand curve of firm is:

23 / 25

In perfect competition, the effect of profit tax is considered as the change in average .................cost and ....................... tax:

24 / 25

If market supply is perfectly elastic the whole tax burden will be borne by the:

25 / 25

If variable cost of monopolist increase, output will also increase but the price may remain constant, increase or decrease because firm is price:

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