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

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Amjad Ali 07 - Jun - 2023 14 Min 16 Sec 15/20
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Atiq Ur Rahman 16 - Jun - 2023 12 Min 02 Sec 14/20
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zaheer hussain 16 - Jan - 2024 16 Min 56 Sec 14/20
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Mishal Maryam 08 - Oct - 2023 04 Min 07 Sec 13/20
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BAKHT ZAMIN 21 - Jun - 2023 09 Min 05 Sec 13/20
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Muhammad Sajjad 20 - Jan - 2025 13 Min 13 Sec 13/20
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Hassam Shahid 30 - Jun - 2024 05 Min 57 Sec 12/20
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Sulsabeel Akhtar 07 - Jun - 2024 06 Min 32 Sec 12/20
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Murtaza Gillani 12 - Jul - 2024 07 Min 19 Sec 12/20
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Tahir Nawaz 10 - Jan - 2024 07 Min 43 Sec 11/20
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Hashim Saleem 26 - May - 2024 10 Min 05 Sec 11/20
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mehmad khalid 02 - Jun - 2024 16 Min 01 Sec 11/20
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Ejaz Ahmad 12 - Jan - 2024 11 Min 05 Sec 10/20
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Shad Ali Shah 27 - Jul - 2024 12 Min 36 Sec 10/20
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Hamadullah Jan 13 - Jun - 2023 02 Min 19 Sec 9/20

PPSC Economics Chapter 2 Important MCQ's

Sr.#	Question	Answer
1	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%
2	Which of the following does not represent a barrier to entry into a market.	A. Import quotas B. patent laws C. Government franchleses D. Anti trust legislation
3	A profit maximizing monopolist in two separate markets will	A. Charge different price according to elasticity B. Charged same price C. Charged very high price D. Charged very low price
4	The downward kinked demand curve facing the individual oligopolistic implies that	A. He face price certainlty B. Competitors have a tendency to follow price decreases but not price increase C. Total revenue remains same if a firm increases price D. None of these
5	An income demanded curve of an inferior good is.	A. Same in slope B. Upward is slope C. Downward in slope D. None of these
6	The negative slope of the demand curve indicates that there is _______ relationship between the price and the quantity demanded.	A. A direct B. An inverse C. A positive D. No relationship
7	A market demand curve can be derived by adding all the individual demand curves	A. Vertically B. Horizontally C. In parallel D. Any of the above as long as it is consistent
8	Which of the following would cause the demand curve for an input to shift.	A. A change in technology B. A change in demand for the product being produced C. An increase in the number of firms in the industry D. All of the above
9	Labour has the following characteristics accept one.	A. It cannot be separated form labourer B. It cannot be stored C. Its supply cannot be increase at once D. Bargaining power of laborer is very strong
10	When oligopolistic firms interacting with one another each choose their best strategy given the strategies chosen by other firm in the market we have	A. A cartel B. The perfect competitive outcome C. The Nash equilibrium D. Monopolistic competiton

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PPSC Economics Topic 2 MCQS Test Preparation

MCQ's Test For PPSC Economics Topic 2 Micro Economics