PPSC Economics Topic 2 Micro Economics

Today attempting the PPSC test is not as much challenge as the candidates think. The reason behind it is that today we find a number of sources and helping content to cover the examination preparation of PPSC. Ilmkidunya is known as one of the major sources of education where students can find potential solutions at every single level of education. Here we come with the PPSC test preparation. Students are provided the Topic wise PPSC online tests. These tests are comprised of the questions that are important for the Economics PPSC test. Here at this page, the team of Ilmkidunya offers the PPSC online test of Economics subject Topic 2. Once after clicking the start test button, you will be directed towards the test and you will find 20 minutes to cover the test.

Top Scorers Of PPSC Economics Topic 2 Micro Economics MCQ`s Test

A

Amjad Ali 07 - Jun - 2023 14 Min 16 Sec 15/20
A

Atiq Ur Rahman 16 - Jun - 2023 12 Min 02 Sec 14/20
Z

zaheer hussain 16 - Jan - 2024 16 Min 56 Sec 14/20
M

Mishal Maryam 08 - Oct - 2023 04 Min 07 Sec 13/20
B

BAKHT ZAMIN 21 - Jun - 2023 09 Min 05 Sec 13/20
M

Muhammad Sajjad 20 - Jan - 2025 13 Min 13 Sec 13/20
H

Hassam Shahid 30 - Jun - 2024 05 Min 57 Sec 12/20
S

Sulsabeel Akhtar 07 - Jun - 2024 06 Min 32 Sec 12/20
M

Murtaza Gillani 12 - Jul - 2024 07 Min 19 Sec 12/20
T

Tahir Nawaz 10 - Jan - 2024 07 Min 43 Sec 11/20
H

Hashim Saleem 26 - May - 2024 10 Min 05 Sec 11/20
M

mehmad khalid 02 - Jun - 2024 16 Min 01 Sec 11/20
E

Ejaz Ahmad 12 - Jan - 2024 11 Min 05 Sec 10/20
S

Shad Ali Shah 27 - Jul - 2024 12 Min 36 Sec 10/20
H

Hamadullah Jan 13 - Jun - 2023 02 Min 19 Sec 9/20

PPSC Economics Chapter 2 Important MCQ's

Sr.#	Question	Answer
1	If a person's MPC is always two thirds and that person's break even point is Rs. 6,000, at a disposable income of Rs.9,000 the person's consumption expenditures will be.	A. Rs. 8,000 B. Rs. 5,000 C. Rs.6,000 D. Rs.7500
2	An entrepreneur who collects profits in the short run for a new invention is collecting.	A. The competitive rate of return on capital B. Temporary monopoly profit C. Rent D. A Ramsey surplus
3	A normal good can be defined as one which consumers purchase more of as.	A. Price fall B. Price rise C. Income fall D. Incomes increase
4	If there are 50 firms in a industry each selling 2% of the total sales the concentration ratio is.	A. 50% B. 2% C. 8% D. 100%
5	If a tax of Rs. 6 per units is imposed upon the suppliers, then.	A. Tax revenue will equal Rs. 108 B. Price increases by Rs. 4 C. Quantity decreases by 4 units D. Producers pay Rs. 36
6	Projects A,B,C,D,E cost Rs. 100, Rs, 200, Rs. 300, Rs. 400, and Rs. 500 with MEC's of 0.07, 0.06,0.09 ,0.10 and 0.11 respectively. The market rate of interest is 8% Total investment spending is	A. Rs. 1500 B. Rs.1300 C. Rs.1200 D. Rs.300
7	Firm A's margin of safety is.	A. 0.10 B. 0.40 C. 0.20 D. 0.30
8	The marginal rate of substitution of two goods can be obtain from	A. Slope of budget line B. Slope of demand curve C. Slope of indifference curve D. None of these
9	A price decrease and an increase in income are similar in that	A. Both force the consumer to achieve a lower level of well being B. Both force the consumer to reach a lower indifference curve C. Both move the budget line outward D. ^{They are not similar at all}
10	The conditions necessary for a firm to be able to price discriminate include.	A. Segment able markets B. Difference in price elasticity of demand among the segments C. The inability of customers to transfer products D. All of the above

Latest Educational News Stories

Pakistan's Largest Database of Colleges and Universities

BS Programs

University Past Papers

University Results

Exam Results 2024

Study Abroad Programs and Opportunities for Pakistani Students

PPSC Economics Topic 2 MCQS Test Preparation

MCQ's Test For PPSC Economics Topic 2 Micro Economics