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

Online Free Taleem is free online MCQâ€™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 ofÂ  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.

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 Commerce Subject Commerce Test 74 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.

Lecturer Commerce Online Test No. 74

1 / 25

Normally MR curve intersects MC curve at points.

2 / 25

When a competitive firm achieves long run equilibrium then.

3 / 25

The necessary condition for equilibrium position of a firm is.

4 / 25

A monopoly firm is in equilibrium when.

5 / 25

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

6 / 25

In monopoly and perfect competition the cost curves are.

7 / 25

A firm decides to shut down production temporarily when.

8 / 25

The necessary condition for equilibrium of firm is.

9 / 25

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

10 / 25

Under perfect competition.

11 / 25

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

12 / 25

Profit is maximum when.

13 / 25

Normal profit is called normal because.

14 / 25

A monopoly generally

15 / 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.

16 / 25

The basic goal of a firm is to.

17 / 25

Normal profit is.

18 / 25

A firm earns economic profit when total profit exceeds.

19 / 25

Economic profit is.

20 / 25

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

21 / 25

Marginal revenue of a monopolist is.

22 / 25

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

23 / 25

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

24 / 25

A firm decides to exit the industry when.

25 / 25

Sometimes the supply curve of labour bends.