Economics MCQs 4

Online MCQs about the subject of Economics. There are 20 MCQs about Economics. Let us start with the Online Economics Quiz.

Multiple Choice Questions about the Subject of Economics for the preparation for the PPSC Lecturer test and various job and School, College, and University related examinations.

1. Macro Economics was introduced by

 
 
 
 

2. The reward for labour is

 
 
 
 

3. A market is said to be in equilibrium when

 
 
 
 

4. As more of a good is consumed, then total utility typically

 
 
 
 

5. During a year aggregate value of produced goods and services of a country is called

 
 
 
 

6. Due to devaluation exports become

 
 
 
 

7. If pen and ink are complements, then an increase in the price of the pen will cause

 
 
 
 

8. The supply of land is

 
 
 
 

9. The quality of a commodity that satisfies human wants

 
 
 
 

10. A monopolistically competitive firm in short run equilibrium

 
 
 
 

11. A monopolistically competitive firm in the long run equilibrium

 
 
 
 

12. The shape of AR and MR under perfect competition is

 
 
 
 

13. The supply of perishable goods is

 
 
 
 

14. How many methods can be used for cultivation?

 
 
 
 

15. Personal income includes

 
 
 
 

16. The reward for capital is called

 
 
 
 

17. The marginal cost curve always intersects the average cost curve at

 
 
 
 

18. If total expenditure decreases with the rise in price elasticity of demand will be

 
 
 
 

19. The market structure in which strategic considerations are most important is

 
 
 
 

20. Income elasticity shows the relationship between

 
 
 
 


Online Economics MCQs with Answers

  • If total expenditure decreases with the rise in price elasticity of demand will be
  • Income elasticity shows the relationship between
  • The supply of land is
  • The shape of AR and MR under perfect competition is
  • The supply of perishable goods is
  • The quality of a commodity that satisfies human wants
  • The marginal cost curve always intersects the average cost curve at
  • During a year aggregate value of produced goods and services of a country is called
  • How many methods can be used for cultivation?
  • The reward for labour is
  • Due to devaluation exports become
  • The reward for capital is called
  • Personal income includes
  • Macro Economics was introduced by
  • If pen and ink are complements, then an increase in the price of the pen will cause
  • A market is said to be in equilibrium when
  • As more of a good is consumed, then total utility typically
  • A monopolistically competitive firm in short-run equilibrium
  • A monopolistically competitive firm in the long run equilibrium
  • The market structure in which strategic considerations are most important is
Online Economics MCQs with Answers

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