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	The income elasticity of inferior goods is	A. Zero B. Positive C. Negative D. Unitary
2	If a monopoly is unable to cover its short run variable costs, if should.	A. Shut down B. Raise price C. Lower price D. Increase output
3	The demand curve for labor for a monopolist when other inputs are fixed is equal to its	A. Marginal value product curve B. Marginal revenue product curve C. Horizontal summation of the firms demand curve at different output prices D. Marginal physical product curve
4	The tax is question 52 is	A. Progressive's B. Regressive C. Proportional D. None of these
5	The classical are of the view that utility can be.	A. Ranked B. Counted C. Expressed in numbers D. Not counted
6	Micro economics is the study of.	A. Economy on the whole B. Large units of the economy C. Individual units of the economy D. General economics
7	Which of the following is a characteristic of monopolistic competition.	A. One seller serving the entire market B. When each firm sells an identical product C. When firms do not compete on a product quality price and marketing D. When firms are free is enter and exit the market
8	The quantity of Y demanded increases by 6% when income changes, and income elasticity of demand is -0.9 income	A. Decreased by 5.4 % B. Decreases by 8% C. Increased by 15% D. Decreased by 6.7 %
9	An increase in the discount rate at the FED generally has the following effect on bond prices.	A. There is no demonstrated effect B. Such an increase tends to lower bond prices. C. Such an increase tends to raise bond prices D. Bond prices are related to the government purchase and sale of bonds.
10	Which of the following correct about firms in an oligopoly.	A. Each firm has complete control over its own selling price B. All firms independently charge monopoly prices C. No one firm controls price but each has an influence on the price D. There is no competition in oligopoly industries

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