PPSC Economics Topic 2 Micro Economics

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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	One of the following has more elastic demand.	A. A commodity with substitutes B. A commodity having more than one use C. A commodity commonly use D. None of these
2	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
3	Which of the following does not characterize monopolistic competition.	A. Product differentiation B. Many producers C. Absence of advertising D. Some control over price
4	The "Law of demand" states that other things remaining the same the quantity demanded of any good is.	A. Directly related to its price B. Positively related to its price C. Inversely related to its price D. Directly elated to the supply of the good
5	The short run supply curve for a competitive industry is derived by.	A. Horizontally summing the marginal cost curves for each firm in the industry B. Horizontally summing the average variable cost curves for each firming the industry C. Vertically summing the marginal cost curves for each firm in the industry D. None of the above
6	An -increase the expected future price of a good.	A. Increases its demand B. Decreases its demand C. Increases its supply D. Has no effect on either its demand or its supply.
7	The supply curve of a monopolist is always.	A. More elastic B. Less elastic C. undefined D. Steeper
8	If a firm which polluted the water of area had to pay all social cost would have	A. Small output B. Large output C. Heavy output D. B and C
9	A monopoly market.	A. Generally falls to maximize total economic well being. B. Always maximizes total economic well being. C. always minimizes consumers surplus D. Generally falls to maximum produce surplus
10	If Supply and demand both decrease simultaneously. Which of the following will happen.	A. Price will rise B. Quantity sold will rise C. Price will fall D. Quantity sold will decrease

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PPSC Economics Topic 2 MCQS Test Preparation

MCQ's Test For PPSC Economics Topic 2 Micro Economics