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	Perfect competition implies	A. Homogeneous goods B. Inferior goods C. Superiors goods D. Differential goods
2	If the price elasticity of demand for a non giffen good is inelastic are decreased in its price result in.	A. Increase in demand B. Decrease in demand C. Increase in total revenue D. Decrease in total revenue
3	Which of the following is NOT an example of non price competition the auto industry.	A. End of the year discounts B. Zero percent auto loans C. Television advertising D. Establishing market niches
4	The demand curve of unitary elastic commodity is.	A. Rectangular hyperbola B. Parabola C. Straight line D. None of these
5	A negatively sloped isoquant implies	A. Products with negative marginal utilities B. Products with positive marginal utilities C. Inputs with negative marginal products D. Inputs with positive marginal products
6	BATA's marginal utility per dollars is .8 for both shorts and running shoes,. To attain her consumer equilibrium BATA should.	A. Buy an additional pair of shorts B. Buy an additional pair of both items C. Possibly not make any adjustment in her behavior D. Sell her shorts and keep her shoes
7	A linear homogenous production function would reveal.	A. Constant returns to scale B. Increasing returns to scale C. Decreasing return to scale D. Doubling all inputs would more than double output
8	When the demand curve is vertical its shows that the demand is.	A. Less elastic B. Very high elastic C. Elastic D. Perfectly inelastic
9	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
10	The average total cost of a wedge increases from Rs. 0.79 ro Rs. 0.83 Evidently	A. AFC exceeds AVC B. MC is between Rs. 0.79 and Rs. 0.83 C. AVC is Rs. 0.83 D. MC is greater than Rs. 0.83

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