## Important MCQs Economics Online Test 10

This post is about the MCQs Economics Online Test. There are 27 multiple-choice questions. The MCQs Economics Online Test covers topics related to microeconomics, inflation, marginal benefits, circular flow of goods, planned economy, demand and supply, etc. Let us start with the MCQs Economics Online Test.

1. When the decrease in the price of one good causes the demand for another good to decrease, the goods are:

2. Microeconomics is not concerned with the behaviour of ———–.

3. A graph showing all the combinations of capital and Labour available for a given total cost is the

4. When the market operates without interference, price increases will distribute what is available to those who are willing and able to pay the most. This process is known as

5. Macroeconomics distinguishes between the real economy and the:

6. If the cross-price elasticity of demand between two goods is negative, then the two goods are:

7. The price of burgers increased by 22% and the quantity of burgers demanded fell by 25%. This indicates that demand for burgers is

8. If the income and substitution effects of a price increase work in the same direction the good whose price has changed is a:

9. The equation for Anna’s demand curve for CDs is $Q=20-5P$. If the price of a CD is E18, consumer surplus will be:

10. The price of apples fell by 5% and the quantity demanded increased by 6%. This means that demand is

11. The total demand for goods and services in an economy is known as

12. The $\frac{MUX}{MUY}$ is ten and the $\frac{PX}{PY}$ is eight, so the consumer should buy:

13. In a free market system, the amount of goods and services that any one household gets depends upon its:

14. A market demand curve can be derived by adding all the individual demand curves:

15. If the demand for coffee decreases as income decreases, coffee is

16. In a planned or command economy, all the economic decisions are taken by the:

17. A student chooses to study because the marginal benefits are greater than the ——— cost.

18. The study of inflation is part of

19. Some goods are not closely related to each other and are neither substitutes nor complements. for such goods, the cross-price elasticity of demand would be:

20. For a firm operating in a perfect market, its short-run supply is identical with the rising arm of:

21. The circular flow of goods and incomes shows the relationship between ——.

22. If the prices of both goods increase by the same percent, the budget line will:

23. A utility-maximizing consumer changes their spending for goods $X$ and $Y$, so that:

24. The formula for average fixed costs is:

25. The formula for average variable cost (AVC) is:

26. Indicate below what is NOT a factor of production.

27. Suppose the demand for goods $Z$ goes up when the price of goods $Y$ goes down. We can say that goods $Z$ and $Y$ are:

### MCQs Economics Online Test

• Microeconomics is not concerned with the behaviour of ———–.
• The study of inflation is part of
• The total demand for goods and services in an economy is known as
• Indicate below what is NOT a factor of production.
• A student chooses to study because the marginal benefits are greater than the ——— cost.
• The circular flow of goods and incomes shows the relationship between ———.
• In a free market system, the amount of goods and services that any one household gets depends upon its:
• In a planned or command economy, all the economic decisions are taken by the:
• When the decrease in the price of one good causes the demand for another good to decrease, the goods are:
• Suppose the demand for goods $Z$ goes up when the price of goods $Y$ goes down. We can say that goods $Z$ and $Y$ are:
• If the demand for coffee decreases as income decreases, coffee is
• The price of apples fell by 5% and the quantity demanded increased by 6%. This means that demand is
• The price of burgers increased by 22% and the quantity of burgers demanded fell by 25%. This indicates that demand for burgers is
• If the cross-price elasticity of demand between two goods is negative, then the two goods are:
• When the market operates without interference, price increases will distribute what is available to those who are willing and able to pay the most. This process is known as
• Macroeconomics distinguishes between the real economy and the:
• The equation for Anna’s demand curve for CDs is $Q=20-5P$. If the price of a CD is E18, consumer surplus will be:
• A utility-maximizing consumer changes their spending for goods $X$ and $Y$, so that:
• The $\frac{MUX}{MUY}$ is ten and the $\frac{PX}{PY}$ is eight, so the consumer should buy:
• If the income and substitution effects of a price increase work in the same direction the good whose price has changed is a:
• A graph showing all the combinations of capital and Labour available for a given total cost is the
• The formula for average fixed costs is:
• The formula for average variable cost (AVC) is:
• If the prices of both goods increase by the same percent, the budget line will:
• A market demand curve can be derived by adding all the individual demand curves:
• Some goods are not closely related to each other and are neither substitutes nor complements. for such goods, the cross-price elasticity of demand would be:
• For a firm operating in a perfect market, its short-run supply is identical with the rising arm of:

https://itfeature.com

https://rfaqs.com

## Important MCQs Economics Quiz with Answers 9

Online Economics Quiz with answers. There are 20 multiple-choice questions each with four options. The Quiz will help you to prepare PPSC, FPSC, NAT, GAT, and many other testing services. It will also help in preparing for college and university admission and degree examinations. Let us start with the Economics Quiz with Answers.

Please go to Important MCQs Economics Quiz with Answers 9 to view the test

• “Economics is the Science of Wealth”, who gave this definition?
• “Economics is what economists do”. It has been supported by
• “Human welfare is the subject of Economics”. The statement is associated with the name of which of the economists?
• Who has given a scarcity definition of economics?
• “Economics is a science” The basis of this statement is:
• Characteristics of economic laws are.
• Which opinions have revolutionized the scope of macroeconomics?
• Whose opinions have revolutionized the scope of macroeconomics?
• Which of the following is an economic activity?
• The passive factor of production is
• Under the law of demand
• For inferior commodities, the income effect is
• When total utility becomes maximum, then the marginal utility will be
• Utility means
• Marginal utility is equal to average utility at that time when average utility is
• At the point of satiety, marginal utility is
• Which of the following is the second law of Gosse?
• The total utility of a commodity is measured by which price of the commodity?
• In Economics the central problem is
• Macroeconomics deals with

https://itfeature.com

https://rfaqs.com

## Best GRE Sentence Completion Quiz 4

The GRE Sentence Completion Quiz from the GRE Verbal Ability Section. The quiz contains 20 MCQs type Questions with blanks to fill with appropriate words. Let us start with the GRE Sentence Completion Quiz.

Please go to Best GRE Sentence Completion Quiz 4 to view the test

### GRE/ NTS Sentence Completion Quiz

• The most important task of the Air Force is to ———— the country against an air attack by an enemy.
• The committee’s appeal to the people for money ——— little response.
• The manager tried hard to ———— his men to return to work before declaring a lockout.
• Our flight was ————– from Lahore to Islamabad airport.
• Once I forgot the piece of paper on which the name of the hotel was written, I was an ———— as lost.
• He is very ———- on meeting foreigners and befriending them.
• Colgate has also set an ambitions aim of ———– an eight percent value share of the tooth paste market by the end of the first year.
• A person who constantly calls attention to his trials and sufferings is in danger of developing a martyr complex and impressing others that he is ———- seeking sympathy.
• He is working under such ———— conditions that it is difficult to maintain his self-respect.
• The Hubble Space Telescope will search for planets around other stars, a key to the ———– for extraterrestrial life, and examine interstellar dust and gases out of which stars are born.
• How bombs exploded in five trains within a short time suggests that it is part of a ————-.
• I ————- a car to be necessary these days.
• He did not have the ———— idea of the villager’s problems.
• This is a ———— translation of the speech.
• The news of the secret deal soon ———– despite official silence.
• No man had a more ———– love for literature, or a higher respect for it, than Dr. Shabbir.
• I have often ———– why he went to live abroad.
• He lives near a lonely ———– of countryside.
• When their examinations were over, the children gleefully ———– the books they had been reading.
• Not only did she condemn vice, but she almost equally despised the ————- acceptance of an advantage.

https://itfeature.com

https://rfaqs.com

## Important Environmental Science MCQS Test 4

The post is about the Environmental Science MCQs Test. There are 20 multiple-choice questions in the quiz for admissions in BS, M.Phil., and Ph.D. Environmental Science programs. Let us start with the Environmental Science MCQs Test.

Please go to Important Environmental Science MCQS Test 4 to view the test

### Environmental Science MCQs Test with Answers

• Bioventing is a bioremediation technique in which microbes use ————.
• In isotherm models $R^2$ represents ———–.
• $K_d$ is known as ———–.
• In water and salt, NaCl salt is known as ————.
• Iron oxides minerals are ———– efficient to remove metal ions from water than clay minerals.
• Which of the following important functions interact in the ecosystem carried out by microorganisms?
• When different organisms within a population or community try to acquire the same resource and the same resource and tend to inhibit the other is called which of the following?
• The United Nations Climate Change Conference “COP26” was held in:
• Surface adherence is called ———–.
• When are nutrients converted into biomass during microbial activity is known as which one of the following?
• Which one is not included in the major principle of the ecosystem?
• Which of the following statements are true about CNG – compressed natural gas?
• In situ degradation of Pollutants has been used as a cost-effective alternative to ———.
• Which one of the following is not a composting stage?
• Which of the following gases destroys the chlorophyll present in the plant leaves?
• Which of the following devices is used to measure atmospheric humidity?
• Which element is considered the largest source of the world’s commercial energy consumption?
• Depletion of the ozone layer is caused due to ———-.
• The biodynamic preparation consists of selected plant and animal substances that undergo to enhance quality for farming systems.
• Brackish water ecosystems are found in which of the following:

https://itfeature.com

https://rfaqs.com

## Important MCQs Environmental Science Questions 3

Online multiple-choice questions about environmental science questions for preparation for admissions in BS, M.Phil., and Ph.D. Environmental Science programs. There are 20 MCQs in this quiz. Let us start with the Environmental science questions quiz.

Please go to Important MCQs Environmental Science Questions 3 to view the test

### MCQs Environmental Science Questions with Answers

• ————– can fix nitrogen in their nodules.
• Deforestation generally decreases.
• Phytoextraction is a strategy/ process that uses plants to ————-.
• Biostimulation is the addition of ———— during the bioremediation process.
• ———— is the most abundant greenhouse gas in the atmosphere.
• Total pore space in sandy soils will be ———— than in clayey soils.
• ———– means any premises in which industrial activity is being undertaken.
• Nestle water production and treatment plant is located in ————-.
• TDS stands for ————.
• Biochar has a very porous nature and improves ———– in sandy soil.
• Leather tanneries discharge wastewater that mainly contains ———– heavy metal.
• ISO stands for
• The standard ‘Environmental management systems – Requirements with guidance for use’ is represented by
• Which of the following is the cause of melanoma (skin cancer)?
• Composting provides a greater reduction in pathogens because of ————.
• Eutrophication in lakes is due to:
• Bahawalpur is located n ———— of Punjab.
• Placing a cover over contaminated material such as landfill waste or contaminated soil is called ———–.
• Nanomaterials size ranges from ———- to ————.
• Sorption kinetics defines the removal of a solute from a solution with ————-.

https://itfeature.com

https://rfaqs.com